Argentina and Brazil: Latin America Bond and Currency

By Catarina Saraiva

Sept. 25 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.

Argentina: Industrial output fell 1 percent in August, according to the median estimate of six economists in a Bloomberg survey. The report will be released at 3 p.m. New York time.

The peso fell 0.3 percent to 3.8414 per dollar.

The yield on the country’s inflation-linked peso bonds due in December 2033 rose two basis points, or 0.02 percentage point, to 11.58 percent, according to Citigroup Inc.’s local unit.

Other prices in Latin American markets:

Brazil: The real fell 0.5 percent to 1.8079 per dollar.

The yield on the zero-coupon, real-denominated bond due in January 2010 rose one basis point to 8.72 percent, according to Bloomberg prices.

Chile: The peso dropped 0.8 percent to 543.85 per dollar.

The yield for a basket of Chile’s 10-year peso bonds in inflation-linked currency units, called unidades de fomento, fell five basis points to 2.76 percent, according to Bloomberg composite prices.

Colombia: The peso declined 0.5 percent to 1,927.82 per dollar.

The yield on Colombia’s benchmark 11 percent bonds due July 2020 fell seven basis points to 9.15 percent, according to Colombia’s stock exchange.

Mexico: The peso fell 1 percent to 13.5089 per dollar.

The yield on Mexico’s 10 percent bond due December 2024 fell four basis points to 8.23 percent, according to Banco Santander SA.

Peru: The sol dropped 0.1 percent to 2.8760 per dollar.

The yield on Peru’s 8.6 percent bond maturing August 2017 rose five basis points to 4.94 percent, according to Citigroup Inc.’s unit in Lima.

To contact the reporter on this story: Catarina Saraiva in New York at Asaraiva5@bloomberg.net.