June 19, 2018 / 10:15 PM / 6 months ago

Argentina central bank hikes rate on 27-day Lebac notes to 47 pct

BUENOS AIRES, June 19 (Reuters) - Argentina’s central bank on Tuesday hiked its interest rate on Lebac notes to 47 percent from 40 percent, and it sold 308 billion pesos ($11 billion) of the securities out of some 514 billion that expired, the bank said in a statement. (Reporting by Walter Bianchi Writing by Mitra Taj Editing by Leslie Adler)

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