AMERICAS

摘要

Clearstream has put foreign currency proceeds on non-peso denominated, domestically issued Argentine securities on hold until further notice after the central bank clarified restrictions last week regarding capital controls. "This restriction implies that any income and redemption proceeds due in currencies other than Argentinian pesos may not be collected on or paid to any account held by any legal person outside Argentina," the settlement and custody service provider said in a notice on last Thursday. This comes after Clearstream notified the market earlier last week that dollar proceeds on a September 2019 bond issued by real estate firm RSA may not be paid to offshore accounts.