MERCADO · INFLACIÓN
CER
CER
T+1 12/11/2026 · CER cálculo 861,2295 (28/10/2026) · TIR y Duration recalculadas
TIR real sobre el CER a T−10 hábiles de la liquidación. Precios de BYMA.
| X30N6 | $ 130,07 | ▼ 0,02% | 30/11/2026 | CER + 0% | 7,74% | 0,05 | $ 14 M | 18 | 99,63% |
| TZXD6 | $ 316,30 | 0,00% | 15/12/2026 | CER + 0% | 5,16% | 0,09 | $ 152 M | 33 | 99,55% |
| X29E7 | $ 105,35 | ▲ 0,05% | 29/01/2027 | CER + 0% | 1,20% | 0,21 | $ 191 M | 78 | 99,75% |
| TZXM7 | $ 235,60 | ▲ 0,26% | 31/03/2027 | CER + 0% | 3,10% | 0,38 | $ 220 M | 139 | 98,84% |
| TZXA7 | $ 130,05 | ▼ 0,34% | 30/04/2027 | CER + 0% | 3,45% | 0,46 | $ 2 M | 169 | 98,44% |
| TZXY7 | $ 128,70 | ▲ 1,02% | 31/05/2027 | CER + 0% | 2,64% | 0,55 | $ 101 M | 200 | 98,58% |
| TZX27 | $ 420,00 | ▲ 0,36% | 30/06/2027 | CER + 0% | 3,72% | 0,63 | $ 32 M | 230 | 97,72% |
| TZXS7 | $ 113,55 | ▼ 0,35% | 30/09/2027 | CER + 0% | 5,57% | 0,88 | $ 23 M | 322 | 95,33% |
| TZXO7 | $ 102,75 | ▼ 0,05% | 29/10/2027 | CER + 0% | 6,14% | 0,96 | $ 3 M | 351 | 94,43% |
| TZXD7 | $ 293,25 | ▲ 0,57% | 15/12/2027 | CER + 0% | 7,63% | 1,09 | $ 103 M | 398 | 92,29% |
| TZXM8 | $ 106,00 | ▲ 0,28% | 31/03/2028 | CER + 0% | 8,79% | 1,38 | $ 2 M | 505 | 88,99% |
| TXMJ8 | $ 103,10 | ▼ 0,77% | 30/06/2028 | DUAL | 6,12% | 1,63 | $ 8 M | 596 | 90,76% |
| TZX28 | $ 364,50 | ▲ 0,69% | 30/06/2028 | CER + 0% | 10,62% | 1,63 | $ 1.701 M | 596 | 84,81% |
| TZXS8 | $ 98,89 | ▲ 0,19% | 29/09/2028 | CER + 0% | 10,39% | 1,88 | $ 234 M | 687 | 83,02% |
| TX28 | $ 1.429,00 | ▲ 0,07% | 09/11/2028 | CER + 2,25% | 8,06% | 1,21 | $ 419 M | 179 | 93,50% |
| TXMD8 | $ 94,52 | ▲ 0,29% | 15/12/2028 | DUAL | 7,72% | 2,09 | $ 13 M | 764 | 85,59% |
| TZXD8 | $ 89,29 | ▲ 0,61% | 15/12/2028 | CER + 0% | 9,91% | 2,09 | $ 4 M | 764 | 82,06% |
| TZXM9 | $ 93,60 | ▲ 0,43% | 28/03/2029 | CER + 0% | 10,68% | 2,38 | $ 5 M | 867 | 78,58% |
| TXMJ9 | $ 94,19 | ▼ 0,85% | 29/06/2029 | DUAL | 8,02% | 2,63 | $ 18 M | 960 | 81,63% |
| TXMD9 | $ 87,92 | ▲ 0,35% | 14/12/2029 | DUAL | 7,66% | 3,09 | $ 67 M | 1128 | 79,62% |
| TXMJ0 | $ 84,77 | ▼ 0,04% | 28/06/2030 | DUAL | 7,56% | 3,63 | $ 53 M | 1324 | 76,76% |
| DICP | $ 48.610,00 | ▼ 0,18% | 31/12/2033 | CER + 5,83% | 11,97% | 2,91 | $ 39 M | 49 | 84,48% |
| PARP | $ 33.095,00 | ▲ 0,23% | 31/12/2038 | CER + 2,48% | 11,68% | 6,21 | $ 1 M | 139 | 55,83% |
| CUAP | $ 39.005,00 | ▲ 0,01% | 31/12/2045 | CER + 3,31% | 11,17% | 9,32 | $ 2.730 | 49 | 46,92% |
Bonos cero cupón: TIR = (100 × CER / CER base ÷ precio)^(365/días) − 1. Bonos con cupón (TX28, DICP, PARP, CUAP): TIR del flujo real restante ajustado por CER. Duales: TIR real de la pata CER. Los pagos que caen hasta un día hábil después de la liquidación se consideran cortados.
Curva CER
TIR real según duration. Pasá el mouse por cada punto.
Forward CER
Tasa real implícita entre dos bonos, ordenados por duration: lo que paga el mercado por extender del primero al segundo.
| Par de bonos | Tasa forward |
|---|---|
| X30N6 → TZXD6 | — |
| TZXD6 → X29E7 | -1,61% |
| X29E7 → TZXM7 | 5,59% |
| TZXM7 → TZXA7 | 5,10% |
| TZXA7 → TZXY7 | -1,67% |
| TZXY7 → TZX27 | 11,20% |
| TZX27 → TZXS7 | 10,33% |
| TZXS7 → TZXO7 | 12,73% |
| TZXO7 → TZXD7 | 19,46% |
| TZXD7 → TX28 | 12,00% |
| TX28 → TZXM8 | 14,07% |
| TZXM8 → TXMJ8 | -7,56% |
| TXMJ8 → TZX28 | — |
| TZX28 → TZXS8 | 8,91% |
| TZXS8 → TXMD8 | -13,44% |
| TXMD8 → TZXD8 | — |
| TZXD8 → TZXM9 | 16,58% |
| TZXM9 → TXMJ9 | -13,86% |
| TXMJ9 → DICP | 57,71% |
| DICP → TXMD9 | -42,07% |
| TXMD9 → TXMJ0 | 7,03% |
| TXMJ0 → PARP | 17,74% |
| PARP → CUAP | 10,16% |
| Tasa forward | |
|---|---|
| TZX27 → TZXS7 | 10,33% |
| TZX27 → TZXO7 | 10,90% |
| TZX27 → TZXD7 | 13,23% |
| TZX27 → TX28 | 12,98% |
| TZX27 → TZXM8 | 13,22% |
| TZX27 → TXMJ8 | 7,66% |
| TZX27 → TZX28 | 15,18% |
| TZX27 → TZXS8 | 13,90% |
| TZX27 → TXMD8 | 9,48% |
| TZX27 → TZXD8 | 12,68% |
| TZX27 → TZXM9 | 13,30% |
| TZX27 → TXMJ9 | 9,42% |
| TZX27 → DICP | 14,37% |
| TZX27 → TXMD9 | 8,69% |
| TZX27 → TXMJ0 | 8,39% |
| TZX27 → PARP | 12,62% |
| TZX27 → CUAP | 11,73% |
Fuentes: BYMA (precios y fichas técnicas), BCRA (CER), Rava (control de flujos de DICP, PARP y CUAP). Los flujos de los bonos con cupón son reales, por cada 100 VN originales.