Document Outline

• Documents Incorporated by Reference
• Description of the Programme
• Summary of Terms and Conditions of the Programme and the Notes
• Form ofthe Notes
• Clearing and Settlement
• Terms and Conditions of the Notes
• Use of Proceeds
• Argentine Taxation
• United States Taxation
• Subscription and Sale and Transfer R.estrictions
• General Information
• Form of Pricing Supplement
• CURRENCY OF PRESENTATION
• SUMMARY
• THE REPUBLIC OF ARGENTINA
  • Temtory and Population
  • Government and Political Parties
  • Foreign Affairs and International Organizations
• THE ARGENTINE ECONOMY
  • Introduction
  • Revised Methodologies for Calculating Gross Domestic Product and Balance of Payments
  • History and Background
  • Deregulation of the Economy and Privatizations
  • Gross Domestic Product
  • Principal Sectors of the Economy
  • EmploymentandLabor
  • Poverty
  • Environment
• FOREIGN TRADE AND BALANCE OF PAYMENTS
  • Balance of Payments
  • Foreign Trade
  • Foreign Investment
• MONETARY SYSTEM
  • The Central Bank
  • Financial Sector
  • Liquidity and Credit Aggregates
  • Inflation
  • Foreign Exchange Rates and International Reserves
  • Securities Markets
• PUBLIC SECTOR FINANCES
  • Overview
  • Public Sector Accounts
  • The 2000 Budget
  • Social Security Reform
• PUBLIC SECTOR DEBT
  • Overview
  • Debt Management Policy
  • Description of Debt and Debt Restructuring
• DEBT RECORD
• EURO