The titles registered an increase in pesos and UI. Meanwhile, the country risk increased and the sovereign spread decreased.
The Uruguayan bonds in pesos and Indexed Units (UI) registered a general increase during this week, although dollar bonds did not have the same luck, according to the latest AFAP Weekly Monitor of the Republic.
Between last Monday, November 6 and today, the behavior of the global bonds of sovereign debt in Indexed Units went up, with an increase of up to 0.30% for 2037 securities, followed by improvements of 0.24% for 2040 bonds. Meanwhile, 2028 and 2030 securities had an increase of 0.10% and 2027 of 0.05 %.
Something similar happened with the bonds in pesos, since the 2028 bond experienced an increase of 0.26%, while the 2033 bond had an increase of 0.20%. Meanwhile, the 2031 titles had a drop of 0.11%.
For their part, dollar bonds were the ones that suffered a general decline. The one that suffered the most was 2031, with a depreciation of 0.88%, while 2033 had a drop of 0.86%.
Meanwhile, 2027 suffered a drop of 0.53% and 2024 of 0.05%. For his part, the Bond Indexed to Climate Indicators (BIIC) to 2034 was the only one that had an increase of 0.37%. Regarding the 2025, 2036, 2045, 2050 and 2055 bonds, they remained stable.
What refers to sovereign spread that measures its own risk country with his Uruguay Bond Index (UBI) It rose a total of 8 bps points, achieving a total of 75 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 17 bps to 92 bps.
Source: Ambito
