The market is expecting that if the Central Bank (BCRA) a new rise in interest rates, which today are at 97% per year, and which led fixed-term investments to yield more than 8% in 30-day deposits. However, it is unlikely to happen, so that return would be below inflation.
With the last rise of the interest rates who set the Central Bank (BCRA) -from 91% to 97%- For deposits of up to 30 million pesos made by individuals, the new guaranteed nominal annual rate floor (TNA) will be 97% -previously it was 91%- for 30-day deposits, which represents a monthly yield of 8 08% and 140.51% effective per year, in the event that the capital and interest obtained are reinvested every 30 days every month.
The performance of time deposits are safe receipts without any risk. However, despite the high interest rates, they still lose against inflation, which is heading for 9% per month.
Fixed term with a rate of 97%: How much do I earn if I invest $100,000 in 30 days?
This means that If a person makes a fixed term for 30 days of $100,000, at the end of the term he will receive $108,083: the $100,000 that he had deposited at first plus interest of $8,083.
If you decide at the end of that month to make a new fixed term for 30 days with the initial money plus the $8,083 earned in interest, you would obtain $116,762 at the end of the term, that is, the $108,083 deposited at the beginning of the month plus interest of $8,679.
In case there are no changes in the interest rate during the next year, if at each expiration date the person made a new fixed term for 30 days with the initial capital and the interest earned, in 12 months he would have $240,510.
That is, the $100,000 initially deposited plus interest of $140,510.
Fixed term: How much do I need to invest to earn $100,000 per month?
To obtain a profit of $100,000 per month, a saver would have to deposit about $1,260,000 in a fixed term of 30 days.
Fixed term with a rate of 97%: How much do I earn if I invest $250,000 in 30 days?
With a 30-day fixed-term investment of $240,000, the profit obtained is $19,931.51. Therefore, a total of almost $260,000 would be reached.
Fixed term with a rate of 97%: How much do I earn if I invest $1,000,000 in 30 days?
In the same way, If $1 million is invested in a fixed term with a rate of 97%, the 30-day profit is $79,726.03.
For deposits of more than $30 million made by companies (legal entities), the guaranteed minimum rate will be 90%, which represents an effective annual rate of 138%.
Fixed term with a rate of 97%: How much do I earn if I invest $2,000,000 for 30 days?
With $2 million invested, you earn $159,452.05 per month which implies a good reinforcement to the pocket.
Source: Ambito
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