The country risk rose 12 points compared to last week while the spread registered a drop of 13 points.
He risk country up twelve points during the past week, while the global bonds in dollars, Indexed Units (UI) and pesos all fell, showed the Weekly Monitor of the Republic AFAP.
Uruguayan bonds in dollars they were almost all down. The 2024 bond had no variations. For its part, that of 2027 registered a drop of 0.05%. From there, the decreases begin to be more considerable with 2031 with a decrease of 0.97% – with an Internal Rate of Return (IRR) of 4.9% – the 2033 bond with -1.35% and the 2055 with a decrease of 3.58%, being the one that achieved the most an increment with an Internal Rate of Return of 5.5%. The 2025 was the only bond that registered a rise of 0.05%.
The bonds in Indexed Units (UI) they were all down in the week that was from Monday 14 to 18 August. The one that expires in 2027 –IRR of 3%– fell by 0.24%; while in 2028 –IRR of 3.1%–, 0.24%; and in 2037 –IRR 3.3%–, a drop of 0.34%. For its part, the one that expires in 2030 also had a drop of 0.24% – IRR of 3.3% – while 2040 remained the same with an IRR of 3.3%.
For their part, the bonds in pesos They were also registered downwards in all their variations since the price of the global bond 2028 –IRR of 9.2%– fell by 0.15%, while that of the global bond 2031 –IRR of 9.2%– fell by 0.47% and the 2033 bond was the one that registered the greatest decreases with 0.62%.
For his part, he sovereign spread who measures his own risk country with its Uruguay Bond Index (UBI) fell 13 bps achieving a drop of 67 bps
Meanwhile, the country risk calculated by República AFAP for these titles (IBI), which measures the average spread between the yield of the bonds issued in UI by the Uruguayan State and the yield of the TIPS (Treasury Inflation Protected Securities) of the United States government, went up 12 bps Until I’m 82 bps.
Source: Ambito
