The report discusses the overvaluation of the Argentine peso and the central bank's need to balance inflation expectations with currency valuation. It analyzes the performance of LEBACs and other financial instruments, suggesting a preference for floaters over fixed-rate instruments due to market conditions and valuation. The report includes a table of yields for different time periods and discusses the implications of these yields for monetary policy and investment strategies.
doj/DataSet10/EFTA01386035.pdf
{"title":"Special Report: Argentina - Position for the upturn","document_date":"2017-10-16","document_type":"tabular","key_locations":["Argentina","Egypt"],"document_subtype":"financial report","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0087562","SDNY_GM_00233746","EFTA01386035"]}