In the local market, dollar bonds are trading lower, four days before the presidential runoff.
The dollar bonds operate with majority of casualties this Wednesday, November 15. This occurs within the framework of a day marked by unfreezing of the wholesale dollar implemented by the government, after meeting the three months with the official exchange rate set. Furthermore, only 4 days of the presidential runoffa situation that generates uncertainty economic and political.
In that framework, in the local squarethe dollar bonds fall up to 10.4%as is the case of Bonar 2041. Among those who mark greater lossesthey follow him Bonar 2035 (-3.7%) and the Bonar 2030 (-1.3%).
Meanwhile, in Wall Street the sovereign securities advance slightlyheaded by Bonar 2030that up 0.3%. Consequently, the risk countryprepared by the bank JP Morgan, falls 0.9%until the 2,475 basis points and short a streak of 4 climbs in a row.
“In line with the parity that show the surveyswe believe that the market will converge to assign equal probabilities of 50% for both contenders. According to our estimates, this is equivalent to waiting a exchange rate jump by the end of the year in the order of 75%”said Adcap Financial Group.
Bonds in pesos
For their part, the CER bonds operate with most rises. Those that advance the most are the CUAP (+1.5%), DICP (+0.8%) and PARP (+0.7%). Meanwhile, only the PAP0 (-2.9%).
Meanwhile, the titles linked dollar bounce, after the strong collapse marked in the previous wheel. He T2V4 rises 1.1% and the TV24, a 0.9%.
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.
