|Day's Range||11.30 - 11.70|
|52 Week Range||10.60 - 25.80|
|PE Ratio (TTM)||-527.27|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Bond investors are showing their fervor for Argentina has limits.
Uruguay led the charge on Wednesday in what has become a busy week for Latin American primary bond markets, launching a US$1.147bn dual-tranche tap. Uruguay saw order books swell to around US$5.4bn before launching a US$400m tap of its 4.375% 2027s at T+205bp and a US$747m reopening of its 5.1% 2050s at T+275bp. Strong demand allowed leads to narrow pricing a good 15bp from start to finish, while still offering investors a 5bp-15bp concession over a curve where the 2027s and 2050s were being spotted in the low 190s and 270bp area, respectively.
* Celulosa Argentina to price new bond Wed * Pemex to tap Samurai market with JBIC deal * Argentina's Albanesi to market debut bond * Cosan taps 2027 for another US$150m By Mike Gambale NEW YORK, July ...