Argentina Planning $1 Billion Dollar-Linked Bond Offer

The video discusses the first sale of dollar-linked bonds in a decade, highlighting the country's history of debt default in 2001. It details the terms of the bond sale, including denomination in dollars, payment in pesos, and an annual interest rate of 1.75%. The sale is set to close on October 28.

What is significant about the sale of dollar-linked bonds this month?

• It's the first sale in the country's history.

• It's the largest sale in history.

• It's the last sale of the year.

• It's the first sale of its kind in a decade.

When did the country last default on its debt?

• 2001

• 2010

• 2005

• 1995

What is the denomination of the bonds being offered?

• Euros

• Pesos

• Dollars

• Yen

How will the bondholders be paid?

• In yen at the market rate

• In dollars at the market rate

• In pesos at the official exchange rate

• In euros at the official exchange rate

What is the annual interest rate for these bonds?

• 1.75%

• 1.5%

• 2.5%

• 2%