This happened after the clarifications of the economic announcements on Tuesday by the head of the Treasury Palace, Luis Caputo, which validated an increase in the official exchange rate of 118% to $800 and the elimination of subsidies in the short term.
Bonds in dollars rise and CER titles climb up to 13%
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Bonds in dollars rise up to 5.3% this Thursday, December 14 and CER titles fly up to 13%, although the country risk rebounds and advances to 11 units. This happened after clarifications from the Tuesday’s economic announcements by the head of the Treasury Palace, Luis Caputo that validated an increase in the official exchange rate of 118% to $800 and the elimination of subsidies in the short term.
In the local stock marketbonds operate with most rises. Those that advance the most are the Global 2041 (+2.7%), the Global 2038 (+2.1%) and the Bonar 2030 (+1.6%). For his part, the risk country Argentinian up 0.6%or 11 units, up to 1,826 basis pointsaccording to the measurement of JP Morgan.
Debt in pesos: how it operates this Thursday, December 14
Meanwhile, the bonds CER fly up to 13%, led by the CUAP 17.4%followed by the DICP (+12.6) and the PARP (+12.2%). For their part, the titles dollar linked They operate in green. He TV24 keep it up 4.2%Meanwhile he T2V4 upload a 3.3%.
First libertarian bond: Milei created a linked dollar title that only importers can subscribe to
He bond was driven by Central Bank of the Argentine Republic (BCRA) and may be subscribed only by importers of goods and services with outstanding debtwith the objective of regularizing the flow of merchandise to the country.
Its about BOPREAL (Bond for the Recovery of Free Argentina) in dollars and can only be subscribed by importers who have pending payments until October 31, 2027.
The subscription currency is pesos at the reference exchange rate published by the BCRA based on the Communication “A” 3500 corresponding to the business day prior to the bidding date. However, the pay It will be in US dollars at amortization and/or with early redemption option(s) in favor of the holders. The cancellation of said option exercise may only be in pesos dollar linked.
It will also have the possibility of full amortization at maturity or with partial schemes as defined from time to time and will accrue interest on a one-year basis at a maximum annual rate of 5% to be defined in the tender announcement, which may be payable quarterly or semiannually in US dollars.
Source: Ambito
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