2014-07-30bloomberg.com

``By defaulting tomorrow, Argentina may trigger bondholder claims of as much as $29 billion -- equal to all its foreign-currency reserves. If the overdue interest on Argentina's dollar-denominated securities due 2033 isn't paid by July 30, provisions in bond indentures known as cross-default clauses would allow the nation's other debt holders to also demand their money back immediately.''



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