CER bonds rise up to 5% and dollar securities register a new upward trend

CER bonds rise up to 5% and dollar securities register a new upward trend

February 29, 2024 – 12:11

This occurs within the framework of a day in which attention will be focused on the preview of the opening of legislative sessions that will be carried out by President Javier Milei.

CER bonds rise up to 5% and dollar securities register a new round of increases.

Depositphotos

The dollar bonds advance again this Thursday February 29and the CER titles climb up to 5%. This occurs within the framework of a day in which the attention will be focused on the preview of the opening of legislative sessions what the president will carry out Javier Milei.

The denominated securities in dollars keep bullish path after starting the week on the decline. In this framework, those that rise the most are the Global 2029 (+1.6%), the Bonar 2029 (+1.4%), the Bonar 2041 (+1.2%).

In that framework, the risk country gives 1%or 17 units, up to 1,713 pointsas measured by JP Morgan. Last week, this index had hovered around the zone of 1,600 units, almost two year lows.

Bonds in pesos: how much they operate at this Thursday, February 29

The CER sovereigns they operated with most rises. Among them, the advances of the DIP0 (+8.1%), the CUAP (+5%) and the TX28 (+3.3%). Meanwhile, they fall PR13 (-5.4%) and the PAP0 (-4.0%).

For their part, the bonds dollar linked operate upward. He T2V4 rises 1.3% and the TV24 advances 0.9%.

New rise in dollar bonds: in what context?

“The news that La Rioja could pay the interest on its debt, but that it seeks to talk about the payment of the capital. In turn, the governor of Chubut said that with the ruling of Judge Rawson the issue was settled and there will be no “type of oil blockade”commented IEB analysts.

On the other hand, the Buenos Aires Province Bond 2037 cut its coupon and Río Negro announced the payment of interest on the RND25 bond. “The mix of ‘positive’ news from the provinces could help quell the doubts that were generated in the last two rounds regarding the hard dollar sovereigns and hard dollar provincials,” sentenced from IEB.

For its part, The BOPREALES continued to operate firmly, at levels of US$63-64 for Series 1 and US$85-86 for Series 2.


Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts