It should be noted that due to CER there is a high demand for inverters, which basically tested the context of high inflation and to obtain a very profitable profit, all in a context of flat dollars. The limits for the “codicia”, as an embargo, are the presidential choices. The demand for securities in local currency that are currently devalued is rapidly declining.
The motive for this behavior of the inverters has to do with the tempo of a new “Reperfilamiento”. It is determined that the goblin proximity is required to advance with the algae type of restructuring of the duo emission in local currency, which is created exponentially from cup to cup or from elevator.
The previous data from September 2019, were instantly rejected by the PASO which means that the series were subjected to the regression of kirchnerism in poder. At the moment, in the corner of the room, Mauricio Macri’s goblin opts to stretch the deva’s weight in order to curb a dollar corridor, in the midst of an extreme inertial climate. More than half a dozen months away from the presidential election, the corner that imposes a purchase limit of USD 200.
The exchange office is an alloy key to El Tesoro, because the banks and other inverted institutions (such as insurance companies or inversion funds) have no remediation that ensures that one or two installments against the deflection of the backlash against the counter
The perspective of the cortex is that it’s a bit of a no-brainer. But now Tesoro has no problems refinancing its bankruptcy, but with a salve: where the bid should be more than just what CER or plazas do when it comes to more shorts. The “mural” that now can not attract the presidential elections, which will be realized in October 2023. As the goblin proximity is obliged to refinance these bankruptcies, a multitude of millions of dollars are in the middle of nowhere. pesos.
A detailed Equilibrium consultant information that at most Tesoro will refinance 109% of the average bookings. It is advisable to raise funds for all that is more than 9% optional. This is because of the fact that “roll over” is killed at 119%. Significance depends on the size of the reaction on the $ 665,000 million.
The exchange office is an alloy key to El Tesoro, because the banks and other inverted institutions (such as insurance companies or inversion funds) have no remediation that ensures that one or two installments against the deflection of the backlash against the counter.
However, the scenario falls relatively tranquilly for the next few months, and possibly the first part of 2023, all of which are much more complicated when it comes to the presidential election scene. All indications are that Martín Guzmán is following the lead and emitting all the debt in the amount that is required to cover the tax rate, which is about 3% of PBI or more. It is almost impossible for the deficit to be close to zero, when the Gobierno accurately volcanoes much diner in the cal with the objective of obtaining a good electoral result.
The conversion of the CER bonds that are currently deprived of their presidential choices, or the sea that will last until 2024, suffers a critical cast due to some of the inversions. The temor passes through the “snowball” that is accumulated for the first semester of the adjacent year. Albert Alberto Fernández exploding trip?
The “time bomb” does not have to do with the FMI or the dollar bills (which have been sold since 2025), but the amount of debt is increasing. Hypotheses about what to expect when the new administration varies, but does not allow itself to be ignored. Ayer, in an anti-empire center organized by Cicyp, Horacio Rodríguez Larreta habló in general terms that can be addressed to the deity being from the presidency. “If Argentina recovers the confusion and wants to break it down, it will be more difficult, but we have to refinance it like we did in Ciudad. “If not, it’s impossible.”
This is the “wall” for the conditions under which plantations are selected from the adjacent plant to a diversified field for the adjacent Gobierno, either for the part which is gane, or which tends to store and refinance sums of billions in weight that are concentrated at 20. IThe problem stems from the fact that Alberto Fernández’s goblin is among the choices, as Mauricio Macri’s success of PASO 2019. Clear that the digits in the game are now exponentially respecting each other at the opportunity opportunity.
Además, in the case of the letters in which the Thesoros are placed in the adjacent mesbibi are expected to be an additional sub-cup, against the need to fight inflation, which are mantled by the result of 5%. In this sense, it is hoped that the devaluation of the May Indices, the title of BCRA, Miguel Pesce, want to follow the yields in pesos. The medium series is compacted by the Gobierno prop to secure fresh funds in the local market.