YMCJ
YPF S.A. ON USD 7% 2033 Clase XVIII
YPF S.A.
30/09/2033
7.00% (Semestral)
ISIN
USP989MJBT72
Fecha de emisión
12/02/2021
Valor nominal
$100
Estructura
Métricas al último precio
Precio USD $103.85 · 22/04/20266.20%
Tasa interna de retorno anual
259 bps
Diferencial sobre Tesoro EEUU
103.85%
Precio / valor residual vigente
$103.85
Precio cotizado en mercado
$104.33
Precio de liquidación
$0.48
Cupón devengado desde último pago
5.94 años
Plazo promedio a amortizaciones
4.94 años
Plazo promedio ponderado
4.79 años
Sensibilidad al rendimiento
28.76
Curvatura precio-rendimiento
$0.0500
Cambio de precio por 1 bp
Tabla de sensibilidad
Variación de precio ante shocks de TIR| Shock TIR | TIR resultante | Precio limpio | Variación | DV01 |
|---|---|---|---|---|
| -300 bps | 3.20% | $120.29 | +15.83% | $0.0600 |
| -200 bps | 4.20% | $114.47 | +10.23% | $0.0564 |
| -100 bps | 5.20% | $109.00 | +4.96% | $0.0531 |
| -50 bps | 5.70% | $106.39 | +2.44% | $0.0515 |
| -25 bps | 5.95% | $105.11 | +1.21% | $0.0507 |
| 0 bps (actual) | 6.20% | $103.85 | — | $0.0500 |
| +25 bps | 6.45% | $102.61 | -1.19% | $0.0492 |
| +50 bps | 6.70% | $101.39 | -2.37% | $0.0485 |
| +100 bps | 7.20% | $99.00 | -4.67% | $0.0471 |
| +200 bps | 8.20% | $94.43 | -9.07% | $0.0444 |
| +300 bps | 9.20% | $90.12 | -13.22% | $0.0418 |
Cronograma de pagos
| # | Fecha | Residual | Amortización | Cupón | Flujo Total |
|---|---|---|---|---|---|
| 1 | 12/02/2021 | 100% | - | - | $0.00 |
| 2 | 30/03/2021 | 100% | - | $0.20 | $0.20 |
| 3 | 30/09/2021 | 100% | - | $0.75 | $0.75 |
| 4 | 30/03/2022 | 100% | - | $0.75 | $0.75 |
| 5 | 30/09/2022 | 100% | - | $0.75 | $0.75 |
| 6 | 31/12/2022 | 100% | - | $0.38 | $0.38 |
| 7 | 30/03/2023 | 100% | - | $1.75 | $1.75 |
| 8 | 30/09/2023 | 100% | - | $3.50 | $3.50 |
| 9 | 30/03/2024 | 100% | - | $3.50 | $3.50 |
| 10 | 30/09/2024 | 100% | - | $3.50 | $3.50 |
| 11 | 30/03/2025 | 100% | - | $3.50 | $3.50 |
| 12 | 30/09/2025 | 100% | - | $3.50 | $3.50 |
| 1 | 30/03/2026 | 100% | - | $3.50 | $3.50 |
| 2 | 30/09/2026 | 100% | - | $3.50 | $3.50 |
| 3 | 30/03/2027 | 100% | - | $3.50 | $3.50 |
| 4 | 30/09/2027 | 100% | - | $3.50 | $3.50 |
| 5 | 30/03/2028 | 100% | - | $3.50 | $3.50 |
| 6 | 30/09/2028 | 100% | - | $3.50 | $3.50 |
| 7 | 30/03/2029 | 100% | - | $3.50 | $3.50 |
| 8 | 30/09/2029 | 100% | - | $3.50 | $3.50 |
| 9 | 30/03/2030 | 100% | - | $3.50 | $3.50 |
| 10 | 30/09/2030 | 100% | $25.00 | $3.50 | $28.50 |
| 11 | 30/03/2031 | 75% | - | $2.63 | $2.63 |
| 12 | 30/09/2031 | 75% | $25.00 | $2.63 | $27.63 |
| 13 | 30/03/2032 | 50% | - | $1.75 | $1.75 |
| 14 | 30/09/2032 | 50% | $25.00 | $1.75 | $26.75 |
| 15 | 30/03/2033 | 25% | - | $0.88 | $0.88 |
| 16 | 30/09/2033 | 25% | $25.00 | $0.88 | $25.88 |
| Total | $100.00 | $42.00 | $142.00 | ||
Descripción
Obligación negociable clase XVIII de YPF S.A. en USD, ley Nueva York, vencimiento septiembre 2033. Cupón step-up: 1.5% anual (2021-2022), 7% anual desde 2023, semestral, convención 30/360. Amortización sinkable: 4 cuotas de 25% a partir de septiembre 2030.