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Supposedly they have their financing needs covered through the end of the year...still major selling of Argentine bonds and stocks going on though...If at the end of the year they have to refinance at the rates they would have to pay today, they're screwed..
Sorry portogalinha, but IMHO Argentina doesn't have anything covered. Just look at the NAV of AWF. It is down .32 cents today to $9.40. Never trust the Alliance Closed End Fund managers. You will lose heavily if you do.
Thanks for informing me Axzl...What would I do without you??????see message 4421 on TEI message board, posted about 4 hours before yours on this board...