Economists are alejandro bianchispoke to Channel E to analyze the recent decline in country risk and economic signals from governments, particularly the announcements of bond buybacks in 2029 and 2030, and developments around exchange rates and currency bands.
“At least it seems so. The week starts on a positive note. US AR is on the rise Between 2-3%. country risk Already 596 pointsbelow 600 and I think we are approaching the emission zone,” explained Alejandro Bianchi, emphasizing that the market reacted optimistically to the buyback announcement.
Decreasing country risk and Luis Caputo’s announcement
Similarly, he considered Minister Luis Caputo’s announcement that “they’re going to go buy the shortest bonds, which are trading around 65 cents on the dollar.” reducing country risk and perhaps the emissions they produce, Please make it a little longer”.
According to Bianchi, this decision “Improve Argentina’s debt situation in the coming yearsPayments are expected to exceed $20 billion annually over the next four years. ”
Replacement band changes are estimated
Recently, a version appeared regarding the possibility of changing the replacement band. “That hasn’t happened yet and I haven’t heard from any official sources, but that information has appeared on various aspects of Twitter. Bands may change to 1-1.5% within a month” he pointed out.
Economists called for caution in how these issues are communicated. “The Minister of Economy, at a private event, make such a serious announcement about an ethical issue. It’s not entirely ethical, but the news is all over the place. ”
And he added:Should not be communicated at private eventsEven if JP Morgan or whoever was in front of me. It should be announced more widely. You have to be careful about those things.Because if you’re not providing privileged information to a very important player in the market, that’s a very unethical thing to do. ”
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