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 $106.30 · 05/06/20265.70%
Tasa interna de retorno anual
160 bps
Diferencial sobre Tesoro EEUU
106.30%
Precio / valor residual vigente
$106.30
Precio cotizado en mercado
$107.61
Precio de liquidación
$1.31
Cupón devengado desde último pago
5.82 años
Plazo promedio a amortizaciones
4.84 años
Plazo promedio ponderado
4.70 años
Sensibilidad al rendimiento
27.88
Curvatura precio-rendimiento
$0.0506
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 | 2.70% | $122.93 | +15.64% | $0.0606 |
| -200 bps | 3.70% | $117.05 | +10.11% | $0.0570 |
| -100 bps | 4.70% | $111.51 | +4.90% | $0.0537 |
| -50 bps | 5.20% | $108.87 | +2.42% | $0.0521 |
| -25 bps | 5.45% | $107.57 | +1.20% | $0.0514 |
| 0 bps (actual) | 5.70% | $106.30 | — | $0.0506 |
| +25 bps | 5.95% | $105.04 | -1.18% | $0.0499 |
| +50 bps | 6.20% | $103.81 | -2.35% | $0.0491 |
| +100 bps | 6.70% | $101.39 | -4.62% | $0.0477 |
| +200 bps | 7.70% | $96.75 | -8.98% | $0.0450 |
| +300 bps | 8.70% | $92.38 | -13.09% | $0.0424 |
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.