1. No category

ALTO PALERMO 2017
Fixed Income Report
Sales and Trading:
Juan Jose Aldazabal
Estanislao Diaz Saubidet
(5411) 4328 5000
(5411) 4328 5000
[email protected]
[email protected]
Javier Gourdy Allende
Jorge A. Oteiza
(5411) 4328 5000
(5411) 4328 5000
[email protected]
[email protected]
13 February 2015
1- Alto Palermo 2017
Security Description
Payment Schedule
Security Information
APSA 17
Issue:
2007-05-11
Capital: 100
Asset Class
Corporate
From:
To:
Coupon
Value Date
2015-02-13
2007-11-11
2016-11-11
Int: 7.875%
Settlement Date
2015-02-20
2017-05-11
2017-05-11
Int: 7.875% - Amort:100%
Asset Name
ISIN
Quote Currency
Country
USP0245MAC30
USD
Argentina
Legislation
Flow Currency
USD
Cash Sweep
NO
Callable
Yes
Call Type
Date
NY
American
Coupon Description
Rate Type
Step-Up
Frequency
Semi-Anual
Day Count
Day Count
Coupon
Last Payment
2014-11-11
USD 3.9375
Last Amortization
2014-11-11
USD 0.0000
Last Interest
2014-11-11
USD 3.9375
Next Payment
2015-05-11
USD 3.9375
Next Amortization
2015-05-11
USD 0.0000
Next Interest
2015-05-11
USD 3.9375
Maturity
2017-05-11
Settlement On
2015-02-20
Security Analysis
Price
98.5
Yield
8.63%
Spread
Tech Value
Accrued Int.
February 13, 2015
7.81
102.17
2.17
Dirty Price
M. Duration
Residual Value
Parity
Capital Int
100.67
1.95
100.0%
98.53
0
Banco Comafi - Research Department
2- Alto Palermo 2017
Yield to Call Analysis
apsa17 Yield to Call
●
102.6250
2014-11-05
101.3130
2015-11-05
100.0000
40
2013-11-05
30
Price
103.9387
%
Date
2012-11-05
50
Call Schedule - Call From
20
●
10
●
●●
03/15
09/15
o Yield to Call
− Yield to Maturity
●
●
03/16
●
09/16
03/17
Date
Price-Yields
Price
Yield Maturity
February 13, 2015
98.5
8.63
Yield to Next
57.1279
Yield to Worst
8.6328
Banco Comafi - Research Department
3- Alto Palermo 2017
Price-Yield Sensitivity Analysis
7.20
101.37
6.40
101.343
7.30
101.166
6.50
101.139
7.40
100.963
6.60
100.935
7.50
100.76
6.70
100.732
7.60
100.558
6.80
100.529
7.70
100.356
6.90
100.327
7.80
100.155
7.00
100.125
7.90
99.955
7.10
99.924
8.00
99.755
7.20
99.723
8.10
99.555
7.30
99.522
8.20
99.356
7.40
99.323
8.30
99.157
7.50
99.124
8.40
98.959
7.60
98.925
8.50
98.762
7.70
98.727
8.60
98.565
7.80
98.529
8.63
98.5
7.81
98.5
8.70
98.368
7.90
98.332
8.80
98.172
8.00
98.135
8.90
97.976
8.10
97.939
9.00
97.781
8.20
97.743
9.10
97.587
8.30
97.548
9.20
97.393
8.40
97.353
9.30
97.199
8.50
97.159
9.40
97.006
8.60
96.965
9.50
96.813
8.70
96.772
9.60
96.621
8.80
96.579
9.70
96.43
8.90
96.387
9.80
96.239
9.00
96.196
9.90
96.048
9.10
96.004
10.00
95.858
9.20
95.814
10.10
95.668
9.30
95.623
100
Price
99
Spread
February 13, 2015
96
97
98
$
Price
101
Sensitivity Table
Yield
7.5
8.0
8.5
9.0
9.5
10.0
%
Banco Comafi - Research Department
4- Alto Palermo 2017
Future Cashflow
Date
2015-05-11
2015-11-11
2016-05-11
2016-11-11
2017-05-11
February 13, 2015
Coupon
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 103.9375
Past Cashflow
Date
2007-11-12
2008-05-12
2008-11-11
2009-05-11
2009-11-11
2010-05-11
2010-11-11
2011-05-11
2011-11-11
2012-05-11
2012-11-12
2013-05-13
2013-11-11
2014-05-12
2014-11-11
Coupon
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
USD 3.9375
Banco Comafi - Research Department