Jilted bondholders can attack Argentine central bank’s assets: US court
A district court in New York on Wednesday ruled that $105m in assets belonging to the Argentine central bank, deposited at the New York Federal Reserve, could be seized to repay two government creditors.
Buenos Aires's Merval index of leading shares tumbled on the news, losing 1.11% by midday Thursday. The benchmark peso-denominated bond saw its price fall just under 1.6% on the news.
The ruling came after EM Capital and NML Capital, two investment companies, sued to recover their losses on
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