The new fixed term: a more profitable alternative that few investors take advantage of

He for a certain period of time This is the option most often chosen by Argentines when it comes to protecting their savings. The nominal annual rate (TNA) that offers Central Bank of the Republic of Argentina (BCRA) is from 75% and effective annual rate (ASD) of 107%.

Despite its popularity, many users choose another type of investment: “letters“. This option offers a TNA from 85% and TEA from 118.9%.

When a person deposits his money ua for a certain period of time traditional or investment fund in which the bank lends that money or invests it fixed income. Through lettersit is possible to invest directly and without intermediaries to get all the fixed returns.

Can you invest without an intermediary?

The bank offers a 75%, as determined by the BCRA. But it makes the money work more than 85%.

What are LEDs?

The letters are fixed income instruments issued by National treasure and BCRA. They are short-term public debt securities that entities offer to finance themselves.

This type of property is similar to the loan he is looking for state investors and then pays them back with interest. There are currently three types letters:

• Letters with CER setting or READ
• Bills at a passing rate or LEPASES
• discount letters or YOU GIVE

As recommended by the channel “Take it easy“You should invest in YOU GIVEhe also explained that “these are promissory notes that pay interest determined by a discount system.”

If the investor could not buy letters when the responsible entities put them on the market, it is possible to buy them indirectly from another person and with another price in market secondary.

This option allows for greater liquidity, since you can buy and sell YOU GIVE when necessary.

How to buy LED?

The channel explains that the best way to buy YOU GIVE It is through an online intermediary. After the purchase, you have to wait for some time and when the date comes, the investment is there will accredit automatic.

How to recognize LEDES at a broker?

To identify it, we need to consider the following information:

• The first letter of the asset must be the letter “WITH“, which relates to YOU GIVE.
• It must be followed by a numberwhich is the expiry date.
• then a letter which represents the moon.
• In the end, a number which means the year of expiry.

How much do LEDs give?

Considering the performance YOU GIVEshould pay attention to IRRwhich is similar TORCH. According to Emprender Simple, the most interesting is “Mayo”, with a price of $82.08 and IRR of 118.9%.