Argentina says raises 5 bln pesos in local debt sale
BUENOS AIRES, March 27 (Reuters) - Argentina raised 5 billion pesos ($567.5 million)in a sale of 12-month and 18-month local peso-denominated debt on Friday, the economy ministry said.
The ministry said it received bids worth a total 7.49 billion pesos. It had sought to raise 3 billion pesos of the "Bonac" (bonds of the national treasury) notes in Friday's auction, though said earlier in the week the figure could rise according to demand.
(1 dollar = 8.81 pesos ) (Reporting by Richard Lough; Editing by Grant McCool)
© Thomson Reuters 2017 All rights reserved.