Uruguayan bonds had a general revaluation last week

Uruguayan bonds had a general revaluation last week

October 30, 2023 – 1:59 p.m.

The securities registered an increase in both dollars, pesos and UI, although the country risk increased and the sovereign spread increased.

Photo: Freepik

The Uruguayan bonds in dollars and pesos registered a general increase during this week, the same happened with those linked to Indexed Units (UI), according to the last AFAP Weekly Monitor of the Republic.

Between last Monday the 23rd and today, the behavior of the global bonds sovereign debt in dollars was on the rise, with an increase of up to 1.11% for 2036 securities, followed by improvements of 0.87% and 0.75% for 2050 and 2055 securities, respectively.

For their part, the 2024, 2025 and 2027 bonds had increases of 0.05%, 0.49% and 0.15%, respectively. The 2031 bonds had an increase of 0.05, while the 2045 one of 0.63%. Meanwhile, theBond Indexed to Climate Indicators (BIIC) to 2034 had an increase of 0.15%. The only title that was not modified was that of 2033.

Something similar happened with the bonds in pesos, since that of 2031 experienced an increase of 0.16%, while that corresponding to 2028 and 2033 remained stable.

On the other hand, the titles of Indexed Units all showed an increase. The corresponding to 2027 had an increase of 0.12%, that of 2028 an increase of 0.24 and 2030 an increase of 0.12%. For their part, titles 2037 and 2040 showed an increase of 0.50% and 0.25%, respectively.

What refers to sovereign spread that measures its own risk country with his Uruguay Bond Index (UBI) It rose 2 bps, achieving a total of 74 bps.

Meanwhile, the country risk that calculates AFAP Republic for these titles (IBI), which measures the average spread between the yield of bonds issued in UI by the Uruguayan State and the yield of TIPS (Treasury Inflation Protected Securities) of the United States government, fell 2 bps to 94 bps.

Source: Ambito

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