Waiting for the latest data of inflation, which is expected to show a slight deceleration in the dynamics of the rise in prices of the economy, the debate among savers about what type of fixed term It is more profitable to invest at this time:the traditional or the UVA?
In the Palacio de Hacienda they estimate that the data for the month of June will start with 6 and that makes the market intuit that the Central Bank (BCRA) will keep the interest rate.
So things, the nominal annual rate (TNA) would remain at 97% for 30-day placements of up to $30 million made by individuals. This implies that, in a month, a return of 7.97% can be obtained.
In the other corner is the fixed term UVA, which offers a different alternative, since it is an instrument that adjust by CER index (inflation) and taking into account the evolution registered prices during the previous 45 days and 45 days after the constitution of the investment. However, the minimum time required for funds to remain in these types of investments is 90 days.
Fixed term: what is convenient then
The reality is that, due to the decline in the inflationary inertiathe traditional fixed term could begin to be more attractive to savers. For now, at least, it offers a positive return.
Looking ahead to the coming months, it is likely that the traditional fixed term be the most convenient. If projections on the future evolution of inflation are taken into account and, therefore, of the UVA fixed term, and are compared with the minimum rate for 30-day deposits, which currently stands at 97% TNA or 7.97% per month, it can be seen how these two investment options compete to offer the best returns in the coming months .
It should be noted that both optimistic and moderate economists forecast a level of inflation for the coming months that supports the current nominal rate offered by the traditional fixed term, which is 7.97% per month. However, many anticipate that while the traditional fixed term would surpass the GRAPE in July, in the following months, that relationship could turn around.
Then it could be concluded that in the short termthe profitability of traditional fixed term is guaranteed and will exceed that of the GRAPEbut it will be necessary to be attentive to the future, since the panorama can change in an electoral context.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
