January 6, 2015 / 10:24 PM / 4 years ago

U.S. judge sets March hearing over Citi processing of Argentine bond payments

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. REUTERS/Brendan McDermid

NEW YORK (Reuters) - A U.S. judge has scheduled a March 3 hearing over whether Citigroup Inc (C.N) can process interest payments by Argentina on bonds issued under its local laws following its 2002 default.

The hearing was set by U.S. District Judge Thomas Griesa in Manhattan, who had in November put off holding a determinative hearing on the subject while allowing the bank to process a payment due the next month.

Reporting by Nate Raymond in New York; Editing by Chris Reese

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