This happens three days before the presidential elections and within the framework of a persistent process of seeking coverage by investors.
Bonds in dollars fall this Thursday, October 19, on a day marked by the closeness with the presidential election and the uncertainty that that generates. Meanwhile, the linked dollar bonds deepen their downward march.
In the fixed income segment of the porteño bagthe Argentine bonds nominated in dollars operate with majority of casualties. Among them, those that fall the most are Global 2041 (-14.9%), the Global 2030 (-2.7%) and the Global 2029 (-23%).
For their part, the sovereign bonds in dollars operate with low of up to 3.9%as is the case of Global 2041. Among those who fall the most, they follow Global 2035 (-2.1%) and the Global 2046 (-2%).
In that framework, the Argentine country risk measured by JP.Morgan bank goes up by second consecutive daywhen climbing a 1.1%equivalent to 26 units, up to 2,414 basis points.
“The curious thing is that The political uncertainty and the prevailing economic instability (…) are not ‘drivers’ that explain the rebound exhibited by the Global (bonds) in recent days. Could it be that the market is assigning greater probability to a Milei/Bullrich runoff?” the brokerage asked. Personal Investment Portfolio.
Bonds in pesos: how they operate this Thursday, October 19
This Thursday, the CER adjusted bonds they operated with most rises. Those with the highest profits are the PARP (+7.1%), the TX28 (+5.5%) and the DICP (+4.5%).
For their part, the Dollar Linked bonds deepen decline. He TV24 goes back a 2.9% and the T2V4 lose a 2.4%.
Source: Ambito
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