Bonds in dollars rose up to 5% and CER securities rose up to 6%

Bonds in dollars rose up to 5% and CER securities rose up to 6%
November 16, 2023 – 17:13

In the local market, dollar bonds closed with a majority of increases, three days before the presidential runoff.

The dollar bonds they closed with generalized increases in NY this Thursday, November 16. Consequently, the country risk went down by second consecutive day. This occurred within the framework of a day marked by the uncertainty economic and political that generates the proximity to the presidential runoffWhat will be celebrated in 3 days.

In that framework, in the local squarethe dollar bonds closed with a majority of increases. Those who marked biggest rises are the Bonar 2041 (-4.7%); he Global 2035 (+3.4%), the Global 2046(+3.2%).

Thus, the risk country fell a 3.1%or 77 units, up to 2,397 basis points. In this way, you register your second go down the thread.

“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 end with generalized increases. Those who advanced the most were PR13 (+6%), and TX28 (+6%).

Meanwhile, the titles linked dollar operated upwards. He T2V4 went up 1.4% and the TV24 advanced 1.2%.

Source: Ambito

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