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They launch an investment option for small savers from US$100: what it is about

They launch an investment option for small savers from US$100: what it is about

“This opportunity is ideal for investors with idle dollars obtained from rent and capital, since it does not require proceeding with the return of the dollars to the bank, and then re-enter them. Due to the company’s profile and its credit history, it is a safeguard against any eventuality,” they explained from Bullmarket Brokers (BMB).

They also specified that “to protect clients from excess dollars in the system due to BCRA regulations, we will go to a competitive tranche for all participants of 7.50%; if it is less than this amount, BMB and its clients they will not enter,” the financial company warned its clients.

The subscription of the new corporate bonds, which will have foreign legislation, may be carried out until January 26 at 2:30 p.m. Finally, the settlement of the operation will take place on January 31, as reported today.

From how much can you invest

With this ON, the portfolio can be diversified from US$100 with an estimated annual return in US dollars of 8%.

  • It will be carried out in US dollars (it will be possible to previously carry out a Simple MEP operation to acquire the dollars if they are not available).
  • The interest rate will be determined at the auction. In turn, the company reserves the right to declare the tender or the apportionment of the participating investors void.
  • The securities will be settled in the client’s accounts on January 31, 2023.
  • Interest payments will be semi-annual, with the dates: July 31 and January 31, except the last one is March 25, 2025
  • The maturity of the debt will be March 25, 2025 (26 months).

“In a context where dollar inflation continues to be high (the interannual inflation data for December in the United States was 7.1% and shows signs of persistence at high values), having dollars in a bank account or in the “cushion” that do not generate income represents a significant loss of purchasing power, therefore, in terms of making these dollars yield, this ON could have a yield that exceeds the inflation estimates for the United States“, they express from IOL.

Source: Ambito

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