The Government proceeded to pay this Thursday principal and interest maturities of sovereign bonds in dollars for some US$4,341 million, according to data from the Congressional Budget Office (CPO). The disbursement impacts at 10, it is done by the Central Bank (BCRA), but not all beneficiaries will see their money in their accounts today due to a holiday in the United States.
And the bonds that will trigger payments are the Bonares -with Argentine law- (AL29, AL30, AL35, AL38 and AL41), the Global -with foreign law- (GD29, GD30, GD35, GD38 and GD41), both denominated in dollars, and the Global nominated in euros (GE29, GE30, GE35, GE38, GE41 and GE46).
Bonares holders will see the funds credited today morning, but those who have Globals will only receive the money next week, given that the Bank of New York (BoNY) will only pay tomorrow because today is a mourning holiday in the US.
However, faced with this disbursement, experts analyze what the next steps analyzed by the market to determine the future performance of the sovereign debt and above all, which titles have a higher upside potential.
Source: Ambito
