VOICED : Argentina recibe ofertas en su nueva emision de deuda

VOICED : Argentina recibe ofertas en su nueva emision de deuda

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

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The Argentine government began receiving offers for a new bond issuance, with the total amount to be announced soon. The demand for Argentine bonds is high, and the government plans to issue three series of bonds to raise up to $15 billion. The funds will be used to pay holdouts and address the budget deficit. The bonds will be issued under New York jurisdiction, and Argentina is re-entering international financial markets after its 2001 default.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the Argentinian government preparing to announce on Tuesday?

A new tax policy

The results of a national election

The total amount of bonds issued

A change in currency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the funds raised from the bond issuance?

To fund educational programs

To invest in renewable energy

To pay off holdouts and reduce the budget deficit

To build new infrastructure

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many series of bonds does the Argentinian government plan to issue?

Four

Two

Five

Three

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under which jurisdiction will the Argentinian bonds be issued?

New York

London

Buenos Aires

Tokyo

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event in 2001 affected Argentina's financial market participation?

A major earthquake

A trade agreement

A change in government

A financial default