After the announcement of the Ministry of Finance of the New dedicated bond for foreigners, The dollars in dollars started with increases of up to 2%, although averaging the wheel cut the increaseswhile Actions in Wall Street ended with a mixed trend.
The Ministry of Economy He announced on Monday that he will offer a bonus in pesos to foreign investors in search of capturing up to US $1,000 million To allocate to strengthen reservations, marking Argentina’s return to the international debt market.
The Secretary of Finance, Pablo Quirnoannounced that on Wednesday, May 28, a bonus will be available in the second debt tender Bonte which may be subscribed with dollars for international investors. The title a Fixed rate in pesos, has expiration in May 2030 and is for an amount of up to US $1,000 million. The entry of currencies obtained through this operation will be destined to strengthen the reserves of the Central Bank.
In this context, Sovereign bonds in dollars They started the wheel with rises of up to 2%, although averaging the day cut the progress to 0.7% and closed with some reds. The one who climbed the most was the Global 2029 (+0.7%), followed by Global 2046 (+0.6%) and the Global 2038 (+0.3%). Among the casualties, the Bonar 2041 (-0.4%), the Global 2035 (-0.3%) and the Bonar 2035 (-0.3%).
After knowing the tender of the new bonte, the country risk closed on Monday in 666 basic points, according to the measurement of JP Morgan.
S & P Merval and Adrs
In the variable rent segment, the leading byma index fell 0.7% to 2,354,359.40 units, While measured in dollars again approached 2,000 points after giving up 2.5% And it was located in the 2,009 points. Among the actions of the S&P Merval, the ones that lower were Supervielle Group (-5.6%), followed by Edenor (-2.1%), BBVA (-1.9%) and Grupo Galicia (-1.6%).
In Wall Street, the Argentine papers closed with a major 6.3% headed by Supervielle Groupfollowed by BBVA (-2.8%), Macro Bank (-2.8%), Edenor (-2.8%) and Grupo Galicia (-2.4%).
Meanwhile, the role of BIOCERES CORP.which is not promptly an ADR, jumped 11.5% in the New York Stock Exchange.
Source: Ambito
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