The performance of fixed deadlines could operate in negative terrain in real terms in the short term. Today the return is, on average, of 28%.
The decline in the monetary policy rate of the Central Bank (BCRA) will imply a Reduction in fixed deadline performance offered by commercial banks. The government advances in its objective of reducing the nominality of the entire economy, but the most traditional investment among retail savers could operate in negative terrain during the next months.
This Thursday The monetary authority decided to cut the rate from 32% to 29%. This is equivalent to a monthly return of 2.4% and an effective annual rate (ASD) of 33.2%.
Currently, the fixed deadlines of the country’s main banks pay, on average, 28% annual in nominal terms, (a figure that is also verified in the National Bank), equivalent to a 2.3% monthly and a ASD of almost 32 %. With the reduction of the reference interest, it is expected that the most traditional investment of retail savers contract at some points. For example, It could happen that the fixed deadline rate falls to 25%. In that case, the monthly return would be 2.1% and the ASD of 28%.
Financial entities and consultants who participated in the last survey of market expectations (REM) of the BCRA They estimated inflation of 2.5% for January and 2.3% for February and March. If the projections are met, the fixed deadline rate would cease to be positive in real terms.
Nevertheless, For all 2025 the market estimates a price increase of 25.9%. Therefore, in annual terms the performance in more traditional investment pesos would grant a slight gain, always in case the forecasts are reached into reality.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
