With a total of $ 608 million negotiated last month reached an increase of 39% compared to March. So far in 2018, the operation in the Argentine Securities Market accumulates $ 1,593 million.
The negotiation of deferred payment checks of the direct segment of the Argentine Securities Market (MAV) reached a new maximum in April with a year-on-year jump of 692% of the amount traded. With a total of $ 608 million negotiated last month it reached an increase of 39 percent compared to March, when it had achieved a new brand.
According to the report of the entity based in Rosario, the highest operating volume was recorded in the category of direct unsecured deferred payment checks. Meanwhile, the highest growth with respect to the last month is observed in deferred payment checks of the direct segment guaranteed by the MAV.
So far in 2018, the operation of direct deferred payment checks in the Argentine Securities Market accumulates $ 1,593 million, with a growth compared to the first four months of last year of 528%.
"The deferred payment checks of the direct segment that are traded in the MAV are consolidated as an agile and convenient source of financing for companies," the entity based in Rosario said in a statement.
"This modality totaled operations for $ 440 million, 72% of the month total, representing a growth of 753% over the same month last year," the MAV indicated. The $ 144.8 million negotiated in this modality "imply a growth of 206% over the previous month," the document said.
For the MAV, "it is noteworthy that as market-guaranteed instruments are attractive for investors seeking differential returns while maintaining excellent support in their fixed income positions".