Bonds in dollars cut negative streak after BCRA rate adjustment and expectation of the exchange

Bonds in dollars cut negative streak after BCRA rate adjustment and expectation of the exchange

At the local level, those who climb the most are Global 2041 (+3.9%); he Global 2046 (+1.9%) and the Global 2035 (+1.6%). Meanwhile, those that drop the most are the Bonar 2041 (-0.4%); he Bonar 2030 (-0.3%) and the Global 2038 (-0.2%).

Bonds in dollars climb up to 4% after adjustment of BCRA rates and due to the expectation of the exchange

He BCRA cut his monetary policy rate until the 80% annuallyfrom the previous level of 100%and eliminated minimum rates Over the term deposits in the middle of a ambitious Treasury debt swap.

In that scenario, the S&P Merval index climbs an unusual 6.8% to 1,023,054.15 units.

“He central bank surprises by cutting the interest rate on the eve of the publication of February inflation data,” remarked the placement and settlement agent Cohen.

This Tuesday afternoon, we also know the Consumer Price Index (CPI)which according to the president Javier Milei In a journalistic interview, it would be below 15% in the second month of the year.

Bank yields for savers plummeted to 75% on average from a floor of 110% in force until the day beforein line with the adjustment of the rate of BCRAas operators agreed in a survey of Reuters.

These decisions “would increase liquidity in pesos in the market“We hope that this liquidity will be channeled towards the acquisition of instruments in dollars, the weakening of the parallel exchange rate or instruments linked to inflation,” reported a foreign consulting firm.

In that scenario, the Dolar blue It rises for the second consecutive round to $1,020, its second highest value of the current month, while the financial They climb more than $50, as investments begin to migrate to this currency. He MEP dollarmarkets used to convert assets into dollars abroad, is located at $1,031.81.

On Monday the Government launched a voluntary exchange of debt in pesos maturing in 2024 by instruments that would include bonds with a value equivalent to about 64 billion dollarsin an attempt to delay payments in the midst of a major economic crisis.

Bonds in pesos: how much they operate at today, Tuesday, March 12

In the peso segment, CER bonds are trading with general increases of up to 6.8%, led by the TX26followed by PARP (+6%), the DIP0 (+3.8%), the DICP (+3.5%) and the TX28 (+3.2%).

For their part, the dollar linked climb: the T2V4 2% and TV24 3%.

Source: Ambito

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