Bonds in dollars operate with a majority of declines and the country risk is close to 2,100 points

Bonds in dollars operate with a majority of declines and the country risk is close to 2,100 points

In it local marketthe dollar securities those who fall the most are Bonar 2041 (-5.7%), the Bonar 2038 (-2.5%), the Bonar 2029 (-2.5%) and the Global 2038 (-2.5%). Meanwhile, the only one that registers Profits is he Global 2041 (+0.3).

Consequently, the risk country up 1.4%or 28 units, up to 2,074 pointsas measured by JP Morgan.

“On the one hand, it impacted the rise in the rate of US 10-year bonds which from 3.7% now reached 4%. This generated a profit taking on all fixed income assets in the world (it came from 5% last October). And on the other hand, when there is CCL dollar demand dollar parities usually suffer due to an increase in supply to obtain dollars,” he explained to Ambitthe Head of Research of Cohen Financial Allies, Juan José Vázquez.

Bonds in pesos: how they operate this Tuesday, January 9

In it CER segment, For their part, the titles continue in down. The losses are led by the DICP (-5%), followed by the TX28 (-4.6%) and the CUAP (-4.1%). The only one who goes up is PAP0 (+1.8%).

Meanwhile, the dollar linked operate mixed. He T2V4 falls a 3.3%Meanwhile he TV24 advance one 0.7%.

Bonds continue poor performance: in what context?

Bonds in dollars and pesos continue to fall after operating in the same direction in the previous round. The context of last Monday was the negotiation between the Fund mission led by Luis Cubeddu and Ashvin Ahuja and the Minister of Economy, Luis Caputoand the Chief of Staff, Nicolas Possewith the idea of revive the agreement and unlock US$3.6 billion to the battered reserves.

These days, the Government will have to face debt maturity with the IMF itselfwhen the December inflationwhich is expected to be the largest in almost 33 years.

The country must face the debt cancellation with the IMF by US$1,915 million in January, US$763 million in February and US$1,915 million in Aprilwhich totals about US$4,592 million in it first part of the year.

Meanwhile, this Tuesday, The treatment of the omnibus law begins in the Chamber of Deputies promoted by the Government and that includes several economic modifications.

Source: Ambito

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