Entre Rios Agosto 2016 - Dollar Linked

Entre Rios Agosto 2016 Dollar Linked
Fixed Income Report
Sales and Trading:
Juan Jose Aldazabal
Estanislao Diaz Saubidet
(5411) 4328 5000
(5411) 4328 5000
JuanjoA@Comafi.com.ar
EstanisD@Comafi.com.ar
Javier Gourdy Allende
Jorge A. Oteiza
(5411) 4328 5000
(5411) 4328 5000
JavierG@Comafi.com.ar
JorgeO@Comafi.com.ar
13 February 2015
1- Entre Rios 2016 (ERG16)
Security Description
Payment Schedule
Security Information
Entre Rios 2016 (DL)
Issue:
2013-08-06
Capital: 100
Asset Class
Provincial
From:
To:
Coupon
Value Date
2015-02-13
2013-11-06
2014-05-06
Int: 4.8%
Settlement Date
2015-02-20
2014-08-06
2016-05-06
Int: 4.8% - Amort: 11%
2016-08-06
2016-08-06
Int: 4.8% - Amort: 12%
Asset Name
ISIN
Quote Currency
ARPENR030597
ARS
Country
Argentina
Legislation
Argentina
Flow Currency
Flow Indexed by
Date
ARS
USD
Callable
No
Coupon Description
Coupon
Last Payment
2015-02-06
ARS 11.9360
Last Amortization
2015-02-06
ARS 11.0000
Last Interest
2015-02-06
ARS 0.9360
Next Payment
2015-05-06
11.8040 x USD(ref.)
Next Amortization
2015-05-06
11.0000 x USD(ref.)
Next Interest
2015-05-06
0.8040 x USD(ref.)
Rate Type
Fixed
Frequency
Semi-Anual
Maturity
2016-08-08
Day Count
Day Count
Settlement On
2015-02-20
Security Analysis
Price
590
Dirty Price
590
Yield
3.28%
M. Duration
0.82
Spread
Tech Value
Accrued Int.
February 13, 2015
NA
582.65
0.13
Residual Value
67.0%
Parity
101.26
Capital Int
0
Banco Comafi - Research Department
2- Entre Rios 2016 (ERG16)
Price-Yield Sensitivity Analysis
-1.50
613.962
620
616.575
610
619.208
-2.00
600
-2.50
$
621.863
-1.00
611.37
-0.50
608.798
0.00
606.246
0.50
603.714
1.00
601.202
1.50
598.709
2.00
596.235
2.50
593.78
3.00
591.345
3.28
590
3.50
588.927
4.00
586.529
4.50
584.148
5.00
581.786
5.50
579.441
6.00
577.114
6.50
574.805
7.00
572.512
7.50
570.237
8.00
567.979
8.50
565.738
9.00
563.514
9.50
561.305
10.00
559.113
10.50
556.938
February 13, 2015
590
624.538
-3.00
580
627.235
-3.50
570
-4.00
560
Price
630
Sensitivity Table
Yield
0
5
10
%
Banco Comafi - Research Department
3- Entre Rios 2016 (ERG16)
Future Cashflow
Date
2015-05-06
2015-08-06
2015-11-09
2016-02-10
2016-05-06
2016-08-08
February 13, 2015
11.8040
11.6720
11.5400
11.4080
11.2760
12.1440
x
x
x
x
x
x
Coupon
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
Past Cashflow
Date
2013-11-06
2014-02-06
2014-05-06
2014-08-06
2014-11-07
2015-02-06
1.2000
1.2000
1.2000
12.2000
12.0680
11.9360
x
x
x
x
x
x
Coupon
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
USD(ref.)
Banco Comafi - Research Department