La Derecha Diario Stock guarantees: the investment that yields up to 45% and outperforms fixed-term deposits
Stock guarantees are gaining prominence with rates above 50% and are outperforming fixed-term deposits and virtual wallets
Stock exchange repos have become the star of the market. The rates they offer far exceed those of time deposits and virtual wallets.
This instrument, previously exclusive to professional investors, now attracts conservative savers due to its profitability and flexibility.
What are stock exchange repos and how do they work?
A stock exchange repo is a very short-term loan between investors, secured by securities such as bonds or stocks.
The transaction is agreed upon for terms ranging from 1 to 120 days, but today, one-day placements have rates above 50% nominal annual rate, far surpassing other instruments.
Why have repos become the preferred option?
- Immediate liquidity: the money plus interest returns the next day.
- Low risk: secured by securities and regulated by BYMA and CNV.
- Flexibility: you can renew or withdraw the capital day by day, something impossible with traditional time deposits.
Comparative performance example
If you invest $1,000,000:
- One-day repo at 50% nominal annual rate: estimated monthly gain of $41,000.
- Time deposit at 39% nominal annual rate: monthly interest close to $32,083.
- Virtual wallet at 29% nominal annual rate: approximate return of $29,166.
The difference is clear: repos almost double the return of many conservative alternatives.
Ranking of time deposits and virtual wallets
Most profitable time deposits
- Reba and Banco Hipotecario: 39% nominal annual rate
- Banco Provincia de Córdoba, Voii, Meridian, Mariva, and CMF: 38% nominal annual rate
- Banco del Sol: 37.5% nominal annual rate
- Banco Nación and Galicia: 37% nominal annual rate
Virtual wallets and Money Market funds
- Fiwind: 35% nominal annual rate (limit $750,000)
- Prex: 34.33% nominal annual rate
- Personal Pay: 33.87% nominal annual rate
- IEB Ahorro and Cocos Daruma Renta Mixta: 33.7% nominal annual rate
- Mercado Pago, Astropay, Naranja X, Ualá, and Brubank with returns between 27% and 33%
Strategies to take advantage of this opportunity
- Invest in one-day repos while rates remain high.
- Allocate a percentage to top time deposits for stability.
- Maintain liquidity in virtual wallets or funds for daily expenses.
- Monitor rates daily: they can change quickly depending on liquidity.
How long will this "super-rate" last?
Peaks in repos are usually temporary. The duration depends on the auction calendar, Treasury and BCRA management, and the real demand for pesos.
It is likely that this window will remain open for a few weeks, but not for consecutive months.
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