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La calificación crediticia argentina creció cuatro puntos
Argentine credit rating raised by four ticks

Fitch Ratings has raised Argentina's long-term domestic credit rating by four notches from Double C to Bminus, citing the government's improving finances.

The rating applies to the government's performing domestic debt and guaranteed bank loans, or "peso-ised" international bonds, issued after its 2001/2002 debt default. Fitch's rating on Argentina's foreign-currency credits remains at Triple D, or default. Argentina defaulted on $95bn of debt slightly more than two years ago, the biggest sovereign default to date. About $88bn of bonds remain in default, awaiting restructuring.


Since then, the government has issued the equivalent of about $20bn of new domestic debt, or so-called Bodens, to compensate local financial institutions for their losses from the default. There is an active secondary market for this paper, involving foreign investors.


Fitch said in a statement released late on Monday: "The sovereign has been servicing this debt, drawing a distinction between it and the foreign currency denominated bonds the republic stopped servicing after December 2001.

FUENTE: Financial Times - Inglaterra, Londres

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