Argentina’s Bond Buyback Plan Sets Off Moody’s Default Alarm
Argentina’s plan to repurchase $1 billion of overseas bonds meets the definition for a default, according to Moody’s Investors Service.
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### Instruction: Argentina’s Bond Buyback Plan Sets Off Moody’s Default Alarm

### Response: Argentina’s plan to repurchase $1 billion of overseas bonds meets the definition for a default, according to Moody’s Investors Service.