Argentina borrows $16.5 bn in return to markets: minister

1 min

Buenos Aires (AFP)

Argentina borrowed $16.5 billion on Tuesday in its triumphant return to international credit markets 15 years after a disastrous default, the government said.

Finance Minister Alfonso Prat-Gay told a news conference that investors bought Argentine sovereign bonds worth $16.5 billion in the country's first debt auction since the default in 2001.