US judge Griesa sets hearing over Citi bond payments

US Federal judge Thomas Griesa.

A US judge has scheduled a March 3 hearing over whether Citigroup Inc can process interest payments by Argentina on bonds issued under its local laws following its 2002 default.

The hearing was set by US 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.