Argentine actions go back on Monday, with the market focused on the evolution of interest rates against a new tender of the Treasury.
The Argentine actions They fall this Monday while the market continues attentive to the evolution of the rates of interest within the framework of a new Treasury tender And look closely The dynamics of the dollar. Bonds operate without firm tendency.
In that framework the S&P Merval falls 0.7% to 2,173,442,060 basic points. Within that framework, the leading actions that fall most are: Silver Commercial Society (-2.2%), Galicia Financial Group (-2%), and Edenor (-1.9%). As for ADRScontrary to the local square, they record most of the auctions: Telecom (+2.2%), Cresud (+1.6%), and Supervielle Group (+1%).
The Minister of Economy, Luis Caputo, will lead one Tender of debt bonds outside program. Will try to reabsorb some less than $ 6 billion that were left outside the call last Wednesday. Last Wednesday, The treasure tried to renew $ 15 billion, putting a limit to the amount of bonds that could be bought as less than a month. But the renewal level was much lower than expected, of only 61%.
On Thursday there was a meeting between banks and the government to achieve a technical understanding of the new lace that were set for financial entities. “Faced with this situation where the pesos are scarce, the dollar backed down strongly and closed the week below $ 1,300 in its wholesale version after trying to reach the band’s ceiling just a few wheels behind after the lefis departure,” they explained from Bell stock market.
“This context also hit Merval hard with harsh falls on the last day of negotiation that was Thursday. This day was also the first after knowing the results of the tender on Wednesday, with negative results for the government, “they revealed from the same report. This week the Banks Galicia and BBVA present balance between Wednesday and Thursday.
Bonds in dollars
The dollar bonds operate this day in a mixed way, so the ones that fall most are: the Bonar 2041 (-0.7%), and the Global 2030 (-0.3%), while the ones who rise most are the Global 2029 (+0.4%), and the Bonar 2035 (+0.3%).
Source: Ambito
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