This occurs on a day in which President Javier Milei will meet with the Chancellor of the United Kingdom, David Cameron, within the framework of his participation in the Davos Economic Forum.
The dollar bonds deepen bearish streak this Tuesday, January 16, while the CER titles register a new day with go up, although one of them collapses by more than 30%. This occurs on a day in which the president Javier Milei will meet with David Cameronthe Minister of Foreign Affairs of the United Kingdomwithin the framework of its participation in the Davos Economic Forum.
In that framework, the dollar bonds what else fall are the Global 2029 (-3.5%), the Bonar 2041 (-1.9%) and the Bonar 2029 (-1%). While, the only ones who advance are the Global 2046 (+1.1%) and the Global 2035 (+0.1%).
Since last Monday the first international tour of the president Javier Milei in it Davos Forumwhere the president knew in advance that they would have two bilateral meetingsone with the owner of the International Monetary Fund (IMF) and another with the president of France Emmanuel Macron. However, this Tuesday, the presidential spokesperson, Manuel Adorniconfirmed that he will also have with David Cameron.
Bonds in pesos: how they operate this Tuesday, January 16
In the peso segment, the CER titles rise up to 5%, led by the TX28followed by DICP (+4.4%), and the TX26 (+23%). The only one who goes down is PARP (-1%).
However, what stands out on the day is 32% collapse of the Boncer TX25, one of the three bonds that the Ministry of Economy will put out to tender this afternoon. “It (the TX25) was so expensive that even dropping more than 30% today, it still yields CER -26%. As a reference, the TX26 yields CER -13%”commented Ariel Sbdar, CEO of Cocos Capital.
Meanwhile, the bonds dollar linked They operated mixed: T2V4 goes up 1% and the TV24 falls 0.2%.
This Tuesday, the Economy Minister will search renew expirations of peso bonds for about $3200 billionthrough the bidding of the Lecer X20F4 (which is already a fixed rate), a new Read due in May (X20Y4) and the Boncer T2X5.
Source: Ambito
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