BUENOS AIRES, April 23 (Reuters) - The funds Argentina raised in its bond auction earlier this week have already been deposited in the country’s central bank reserves, President Cristina Fernandez told reporters on Thursday during a visit to Russia.
“The money we raised was recently added to the Argentine reserves,” she said in a televised news conference.
Argentina’s government sold $1.4159 billion worth of dollar-denominated Bonar24 bonds due in 2024 on Tuesday, receiving bids for more than three times the amount on offer. The bonds are governed by local law. (Reporting by Maximiliano Rizzi; Writing by Sarah Marsh Editing by W Simon)