Argentina bond can count as bank reserves-cbank

ARGENTINA - Argentina's central bank said on Apr 9 it would allow banks to count investments in a new government bond as part of their minimum reserve requirements.

The central bank said in a statement that banks will be able to apply investments in the two-year National Government Bond announced on Apr 6 as up to 18 percent of the reserves they were required to keep in Feb 2001.

The $2 billion bond was announced alongside $1.5 billion in other bonds aimed at helping the government meet its fin

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