Free Trial

Strong Reaction In Front-End Of Camara Curve Following Hawkish BCCH

CHILE
  • The wording in the Monetary Policy Report clearly indicates officials will look to start a tightening cycle soon. The front-end of Camara curve prices in a rate hike in between 3 and 6 months, while the short to mid-term maturities are seeing a strong reaction as the curve is seen bear flatter:
  • Chile Camara Swaps:
    • 1-yr +22bps at 1.41%
    • 2-yr +22 bps at 2.12%
    • 5-yr +8 bps at 3.12%
    • 10-yr +2 bps at 4.02%
    • 30-yr +1 bps at 4.68%

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.