Ar.e.:t7 In sum, focusing on the short end of the curve, • The 18s and 19s look a good (accessible) alternative to LEBACS. • Going a bit longer, BOCAN 20s look more attractive (by up to 200bp) vs. BOPOM 20s and also vs. BOTEs. See Argentina Local Markets - The Way of the awash (Part 11). 9-March•