AL29
🇦🇷 The AL29 is considered ideal for a medium-risk profile, acting as a ‘bond that acts as a bond.’
🗓️ It matures in 2029, offering a 15% yield in dollars at the current parity.
📉 There is a low probability of restructuring, even with a change in government.
@ClaveBursatilTV:
“And then it seems to me that the intermediate bond, which is perhaps the bond that is most useful to me as well, today I was thinking about family plans, maybe if I start or decide to build in 2028, 29, this one is useful to me, which is the AL29. Today the AL30 at one point had more yield than the AL29, but it ended up adjusting. This bond, the AL29, seems to me ideal for a bond that acts as a bond, intermediate risk. You are going to have volatility, especially in the middle, you will go through a presidential election because it matures in 2029, beyond the fact that you are going to have several capital installments inside, with the Milei era you do not manage to recover the invested capital, but as I explained here many times, and I explained it several years ago too, because I explained this with the government of Alberto, when Catap… how was it? Batakis, Batakis as Minister of Economy, that there is no chance, for me, that these bonds will be restructured, because it is a matter of sitting down with BlackRock, ‘I come to restructure.’ ‘Well, 10% rate, 10% coupon.’ This bond pays 1% coupon. I see it very difficult for it to be restructured, even if Milei loses and, I don’t know, I don’t want to name anyone, wins, something that I doubt will happen. So it is a bond that, despite the volatility it will have from here to 2029, hold on tight, Catalina, a 15% yield in dollars, entering at this parity, it seems to me that it is something quite interesting and attractive for a medium profile.”
Watch the exact part of the video where Gus talks about AL29 Bond here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Bonos Argentina (AL29) at this link: AL29 stock.
