Argentina returns to credit market

Strong economic recovery enables Argentina to issue its first bond since 2001 default

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Under the banner a normal country - "un pais normal" - Argentina's president Nestor Kirchner came to power in 2003 promising to clean up the financial mess left by his predecessors and restore a semblance of stability to South America's second-largest economy.

More than two years of robust economic growth later, the Peronist leader seems to have reached his goal. On March 22, the country issued a new $500 million five-year bond issue directly to international investors for the first time since it

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