Argentine securities cut the bullish rally and now show a downward trend. The country risk is above 1,100 basis points.
The Argentine bonds are trading lower on Wall Street this Tuesday, October 22 and they mark drops of up to 0.64% in the panels. Thus, the trend of the previous day is maintained at the beginning of the day.
Those that fell the most are the Global in euros 2046 (GE46), followed by the Global in dollars 2041 (GD41), which lost 0.5%, and the Global in Euros 2030 (GE30), which lost 0.44%.
Meanwhile, the bonars also show declines, but milder. The one that lost the most is the AL2035, which lost 0.13%, followed by the AL 2030 (-0.10%). And the BONCERs operate with a majority of losses as well, with drops of up to 0.3%.
These falls occur after dollar bonds fell the previous day after a long bullish rally, and country risk once again touched 1,100 basis points, in a cycle marked by high risk aversion abroad.
News in development.-
Source: Ambito
