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Franklin Templeton Buys $2.25bn In Argentine Bonds: (TPINX)

TedTed
in Fund Discussions
FYI: Franklin Templeton’s Michael Hasenstab came to Argentina’s aid this week, lending Buenos Aires more than $2.25bn in a discrete cash infusion reminiscent of the bond fund manager’s support for Ireland in the wake of the eurozone crisis.

Funds controlled by Mr Hasenstab, including the flagship $38bn Templeton Global Bond Fund, snapped up more than three-quarters of the 73bn pesos ($3bn) in “Bote” bonds sold by Argentina on Tuesday, according to people familiar with the matter
Regards,
Ted
https://www.ft.com/content/07defef6-5927-11e8-bdb7-f6677d2e1ce8

M* Snapshot TPINX:
http://www.morningstar.com/funds/xnas/tpinx/quote.html

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