The national fixed income yields today after a weekend filled with controversy generated in the Executive Branch over the salaries of officials and without the definition of a date to discuss the basic law.
The dollar-nominated bonds give way again This Monday, March 11, in a context of sharp monetary contraction that exercises the central bank (BCRA) to stop the high inflation. In that framework, the risk country chains his fifth consecutive advance.
Under this panorama, the sovereign securities in dollars they operated with widespread casualties in the local stock market. Those who give up the most are the GD29D (-2%); GD38D (-2.6%), and the GD41D (-1.5%).
In that context, the Country risk rises for the fifth day in a rowby advancing 27 units or 1.6% until 1,717 units.
Bonds in pesos: how they operated this Friday, March 8
For its part, dollar-linked sovereigns also give way. TV24 falls (-3%). Meanwhile, TV24 does so at -0.6%.
Finally, the CER segment all titles fall. The losses are led by the DICP (-4.7%); followed by the PARP (-2.5%) and the DIP0 (-2.6%).
All of this occurs after the meeting between governors and some vice governors with the Chief of Staff Nicolás Posse and the Minister of the Interior Guillermo Francos, the latter highlighted that “we have made a lot of progress” and that they discussed the formula for updating pensions and the Income Tax.
Francos also referred to transfers for teaching and transportation funds and said that “it is not within national powers.” Meanwhile, the Office of the President released a statement in which they assured that, after the meeting, “a majority consensus was expressed on the main points” of the Omnibus Law. At the moment, there is no date for a new meeting between the Nation and Provinces.
Source: Ambito
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