The Uruguayan bonds in dollars and pesos registered a general increase during this week, while those linked to Indexed Units (UI), according to the latest AFAP Weekly Monitor of the Republic.
Meanwhile, the Risk country remained stable at 74 basis points, still above the 67 points reached in the Uruguay Bond Index (UBI) in September of this year, when it had been at historic lows.
The Economist Aldo Lema echoed the monitor on its social networks and highlighted that it was a “week of low long rates in USA and revaluation of Uruguayan bonds”, while highlighting that the sovereign spread (country risk) “remained stable at around 75 basis points.”
How were bond yields during the week?
Between last Monday the 9th and today, the behavior of the global bonds Sovereign debt rose, with an increase of up to 3.06% for 2050 securities, followed by improvements of 2.68% and 2.12% for 2055 and 2045 securities, respectively.
The bonuses 2033 (1.30%), 2036 (1.01%), 2031 (0.63%), the Bond Indexed to Climate Indicators (BIIC) to 2034 (0.49%), 2027 (0.46%) and 2025 (0.10%). On the other hand, the title to 2024 operated with a slight decrease of 0.05%.
Something similar happened with the bonds in pesos, since that of 2028 experienced an increase of 0.42%, while that corresponding to 2031 had an increase of 0.55%, while that of 2033 remained stable.
On the other hand, the titles in Indexed Units They operated downwards. That of 2027 showed a decrease of 0.39%, while that of 2028 fell 0.86% and that of 2030 experienced a decrease of 0.63%. In turn, that of 2037 fell 0.39% and that of 2040 fell 1.01%.
Finally, the risk country what does it measure AFAP Republic for these securities (IBI), which calculates the average spread between the yield of the bonuses issued in UI by the government and the performance of the TIPS (Treasury Inflation Protected Securities) of its pair USA, It increased 39 basis points and stood at 60 basis points.
Source: Ambito
