1. Healthcare

BANCO GALICIA 2019
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]
30 January 2015
1- Bco Galicia 2019
Security Description
Payment Schedule
Security Information
Bco Galicia 19
Issue:
2004-01-01
Capital: 100
Asset Class
Corporate
From:
To:
Coupon
Value Date
2015-01-30
2004-07-01
2010-07-01
Int: 6% - Capit: 5%
Settlement Date
2015-02-04
2011-01-01
2011-01-01
Int: 6% - Capit: 5%
2011-07-01
2013-01-01
Int: 6% - Capit: 5%
2013-07-01
2013-07-01
Int: 6% - Capit: 5%
2014-01-01
2014-01-01
Int: 11% - Capit: 5%
2014-07-01
2018-07-01
Int: 11% - Capit: 5%
2019-01-01
2019-01-01
Int: 11% - Capit: 5%
Asset Name
ISIN
Quote Currency
Country
USP09669BR53
USD
Argentina
Legislation
NY
Flow Currency
USD
Cash Sweep
YES
Callable
Call Type
Yes
American
Date
Coupon Description
Coupon
Last Payment
2015-01-02
USD 5.7784
Last Amortization
2015-01-02
USD 0.0000
Rate Type
Step-Up
Last Interest
2015-01-02
USD 5.7784
Frequency
Semi-Anual
Next Payment
2015-07-01
USD 5.9229
Day Count
Day Count
Next Amortization
2015-07-01
USD 0.0000
Next Interest
2015-07-01
USD 5.9229
Maturity
2019-01-02
Settlement On
2015-02-04
Security Analysis
Price
106.9
Yield
13.80%
Dirty Price
M. Duration
116.73
3.08
Spread
12.79
Residual Value
78.1%
Tech Value
109.27
Parity
106.83
Accrued Int.
January 30, 2015
1.09
Capital Int
0.53
Banco Comafi - Research Department
2- Bco Galicia 2019
Yield to Call Analysis
galicia19 Yield to Call
●
●
●
●
Call Schedule - Call From
Price
100.0000
●
10
Date
2014-01-01
●
0
5
%
●
o Yield to Call
− Yield to Maturity
●
●
06/15
12/15
06/16
12/16
06/17
12/17
06/18
12/18
Date
Price-Yields
January 30, 2015
Price
106.9
Yield Maturity
13.8
Yield to Next
NA
Yield to Worst
NA
Banco Comafi - Research Department
3- Bco Galicia 2019
Price-Yield Sensitivity Analysis
12.40
111.695
11.30
112.03
12.50
111.345
11.40
111.677
12.60
110.996
11.50
111.325
12.70
110.648
11.60
110.975
12.80
110.302
11.70
110.627
12.90
109.957
11.80
110.279
13.00
109.614
11.90
109.933
13.10
109.272
12.00
109.589
13.20
108.931
12.10
109.245
13.30
108.591
12.20
108.904
13.40
108.253
12.30
108.563
13.50
107.916
12.40
108.224
13.60
107.581
12.50
107.886
13.70
107.247
12.60
107.549
13.80
106.914
12.70
107.214
13.80
106.9
12.79
106.9
13.90
106.582
12.80
106.88
14.00
106.252
12.90
106.547
14.10
105.923
13.00
106.216
14.20
105.595
13.10
105.886
14.30
105.268
13.20
105.557
14.40
104.943
13.30
105.229
14.50
104.619
13.40
104.903
14.60
104.296
13.50
104.578
14.70
103.975
13.60
104.254
14.80
103.654
13.70
103.932
14.90
103.335
13.80
103.611
15.00
103.018
13.90
103.291
15.10
102.701
14.00
102.972
15.20
102.386
14.10
102.654
15.30
102.071
14.20
102.338
110
Price
108
Spread
January 30, 2015
102
104
106
$
Price
112
Sensitivity Table
Yield
12.5
13.0
13.5
14.0
14.5
15.0
%
Banco Comafi - Research Department
4- Bco Galicia 2019
Future Cashflow
Date
2015-07-01
2016-01-04
2016-07-01
2017-01-02
2017-07-03
2018-01-02
2018-07-02
2019-01-02
January 30, 2015
Coupon
USD 5.9229
USD 6.0710
USD 6.2227
USD 6.3783
USD 6.5378
USD 6.7012
USD 6.8687
USD 138.2491
Past Cashflow
Date
2004-07-01
2005-01-03
2005-07-01
2006-01-02
2006-07-03
2007-01-02
2007-07-02
2008-01-02
2008-07-01
2009-01-02
2009-07-01
2010-01-04
2010-07-01
2011-01-03
2011-07-01
2012-01-03
2012-07-02
2013-01-02
2013-07-01
2014-01-02
2014-07-01
2015-01-02
Coupon
USD 3.0000
USD 3.0750
USD 3.1519
USD 3.2307
USD 3.3114
USD 3.3942
USD 3.4791
USD 3.5661
USD 3.6552
USD 3.7466
USD 3.8403
USD 3.9363
USD 4.0347
USD 45.4329
USD 3.0000
USD 3.0750
USD 3.1519
USD 3.2307
USD 16.4523
USD 3.0000
USD 5.6375
USD 5.7784
Banco Comafi - Research Department