The country risk fell 9 points compared to last week while the spread registered a rise of 6 points.
Country risk fell 9 points during the past week, while the global bonds in dollars all rose and the bonds Indexed Units (UI) and pesos all fell, showed the AFAP Republic Weekly Monitor.
Uruguayan bonds in dollars they were all lower. The 2024 bond rose 0.25%. For its part, that of 2027 registered a rise of 0.30%. From there, upload them begin to become more significant with 2031 with an increase of 0.67% – with an Internal Rate of Return (IRR) of 4.8% – the 2033 bond with 0.73% and the 2055 with an increase of 1.65%, being the one that more achieved an increment with an Internal Rate of Return of 5.5%. 2025 was the one with the greatest increase with a rise of 1.65%.
The bonds in Indexed Units (UI) They were, for the most part, down in the week that was from Monday 21 to 25 August. The one that matures in 2027, 2028 and 2030 did not register movements with an IRR of 3.0%, 3.1% and 3.2%, respectively. For its part, the one that expires in 2037 had a drop of 0.13% – IRR of 3.4% – while 2040 was the one with the highest drop with 0.42% 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 9.3%– fell by 0.31%, while that of the global bond 2031 –IRR of 9.2%– fell by 0.21% and the 2033 bond was the one with the lowest drop, registering -0.19% with an IRR of 9.2%.
For his part, he sovereign spread who measures his own risk country with its Uruguay Bond Index (UBI) went down 9 bp achieving a drop of 73 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 6 bps until I’m 73 bps.
Source: Ambito
