Dollar bonds are losing up to 2%.
The week starts again in the dark, driven by strong mistrust, the lack of ads and the blue dollar above $ 300, and the country risk on the brink of 3,000 points, are the setting for another complicated week in financial matters. All in all, dollar bonds drop as much as 2% at the start of the day. The global ones are the ones that fall the most and operate at the lowest prices.
For its part, the shares are trading higher despite the reds recorded on Wall Street. Stocks rose in search of hedging in the face of strong weight weakness and rising inflation projections. Consulting firm LCG estimates July CPI will exceed 8%.
This Tuesday, in any case, the wait is set for this Monday on the debut of the Minister of Economy Silvina Batakis in front of the International Monetary Fund. After a couple of meetings, in the afternoon she will meet face to face with the managing director of the IMF Kristalina Georgieva.
Against this backdrop, dollar bonds do not stop the downtrend led by Al30D, which is already trading at US $ 16. Global bonds, in foreign dollars, fell an average of 2% on Wall Street.
Argentine bonds, in the short segment, Global 2029 drops 1.7% and Global 2030 drops 1.1%. In the middle section, Global 2035 and 2038 fell by 2.4% and 1.3% respectively. And the longest debt, Global 2041, yields 1.2%.
In the cumulative of the last week, Argentine bonds fell between 2.5% and 5.5% while in the last month the losses reached 20%.
YN
Source: Clarin