The Argentine capital market has progressively become the most attractive source of credit for an important number of private local companies through the public offering and placement of equity and debt securities. Regulatory developments have also allowed access to foreign capital markets.
New products, such as securitisation introduced by CNV Resolution No. 237 and Law No. 24,441, and especially the flow of funds that will result from investments of the new private pension fund administrators are expected to deepen the significant development the Argentine capital market has been undergoing since 1991.
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