Argentina issues $1.3 billion in Treasury Bills

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Argentina issues $1.3 billion in Treasury Bills
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Argentina's new government announced the issuance of $1.326 billion of doll...

FILE PHOTO: Argentina's President-elect Alberto Fernandez announces his cabinet next to Argentina's incoming Cabinet Chief, Santiago Cafiero, ahead of taking office on December 10, in Buenos Aires, Argentina December 6, 2019. REUTERS/Agustin Marcarian/File Photo

The issuance of the 10-year debt comes as the country’s new Peronist President Alberto Fernandez looks to pay off creditors and stave off a damaging default.

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