The global dollar bonds showed a disparate behavior last week, showed the monitor of AFAP Republicwhere decreases of up to 0.59% and increases of 0.50% stand out.
Their term did not serve as an indicator of the behavior of these titles either, since, unlike what usually happens in the Uruguayan market, longer-term bonds also had disparate prices.
The highest increase was led by the 2031 bond with 0.50%, followed by 2033 with 0.40%; 2027 with 0.25% and finally the bond in dollars to 2055 with a rise of just 0.05%.
The rest of the instruments recorded falls. The most notable was that of the 2050 bond, which fell 0.59%. While the papers at 2045 did so by 0.49%; to 2036 0.20%; 0.14% to 2025 and 0.05% to 2024.
The bond indexed to climate indicators (BIIC 2034) had a drop of 0.52%.
Despite the weekly behavior, Uruguayan bonds in dollars have been registering consistent increases in recent weeks, thanks to the country risk reduction and other indicators associated with the sovereign debt spread.
In April, according to the report of the Electronic Stock Market (Bevsa), marked a monthly rise in the prices of all global dollar bonds. The greatest variation in prices occurred in the 2045 Global Bond, which went from 89.96% at the end of March to 93.38% at the end of April, which implied a monthly increase of 3.80%.
Likewise, in the rolling year ending in April, there were falls in all prices, more markedly for longer-term bonds, the largest fall being that of the 2055 Global Bond at 5.47%.
Source: Ambito
