May 20, 2013
BA stocks lower; bonds, coupons plummet
Buenos Aires stocks moved 3.5 percent lower today, with the Merval benchmark stock index reaching 3,048.55 points.
Among public bonds, the Bonar 2017 lost 2.5 percent, Discount edged down by 6.4 percent, Global 2017 dropped 5.8 percent, while the Par lost 3.6 percent.
Likewise, GDP-related-bonds issued under New York law dropped up to 3.6 percent.
Argentina's country-risk edged up 12.9 percent and stands at 1,258 basis points in the JP Morgan EMBI index.