The S&P Merval rises and bonds operate with slight increases after the payment made by the Treasury

The S&P Merval rises and bonds operate with slight increases after the payment made by the Treasury

However, today will be a day of little activity in the markets due to the holiday in Wall Street due to the mourning decreed by the United States government for the death of the former president Jimmy Carter.

Thus, the leading stocks The ones that are making the most progress in the local selective are the financial companies, led by Supervielle Bank (+3.2%), BBVA Bank (+3%), and Macro Bank (+2.9%).

Among the maturing bonds are: Bonares (AL29, AL30, AL35, AL38 and AL41) and the Globaldenominated in euros (GE29, GE30, GE35, GE38, GE41 and GE46) and in dollars (GD29, GD30, GD35, GD38 and GD41). The maturity implies US$2,822 million in capital, and another US$1,529 million in interest.

In this framework, the bonds operate with slight increases in the local market, although without reference to the foreign market. Those that rise the most are: Bonar 2035 (+0.9%), the Bonar 2029 (+0.8%), and the Bonar 2038 (+0.7%). He country riskmeanwhile, an index that measures the JP Morgan It is located at 564 points.

“We believe that a large part of investors will choose to maintain its exposure in the Argentine hard currency curvereinvesting the payments in dollar bonds – which were where they were comfortable. Within dollar bonds, we see value on the long end of the curve that better captures the benefits of sovereign risk compression. Particularly, we like the GD35 and the GD30“He assured this day, Federico FilippiniChief Economist of Adcap.

Source: Ambito

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