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PRECIOS REFERENCIALES
                                                                                                                                                               29/06/2012 09:30

                                                                                           BONOS GLOBALES CON GRADO DE INVERSION
Description                                                       ISIN                           Currency        Risk     Coupon   YTM           Bid Price   Ask Price            Amount Issued

LUKOIL 7 1/4 11/05/19                                     XS0461926569 Corp                         USD          BBB-       7,25         5,20      111,88      112,88                600.000.000

PETBRA 5 7/8 03/01/18                                    US71645WAM38 Corp                          USD          BBB+       5,88         3,74      110,28      112,37             1.750.000.000

POLAND 6 3/8 07/15/19                                     US731011AR30 Govt                         USD          BBB-       6,38         3,47      117,50      118,88             3.500.000.000

PETMK 5 1/4 08/12/19                                     USY68856AH99 Corp                          USD          BBB        5,25         2,93      114,31      115,67             3.000.000.000

BRAZIL 8 01/15/18                                         US105756BH29 Govt                         USD          BBB        8,00         4,59      116,00      117,85             4.508.571.000

MEX 5 1/2 02/17/20                                       US91086QAT58 Govt                          EUR          BBB-       5,50         3,31      113,99      115,35                750.000.000

BRAZIL 8 7/8 10/14/19                                     US105756BE97 Govt                         USD          BBB-       8,88         2,55      141,25      142,85             1.500.000.000

SOAF 8 1/2 06/23/17                                       US836205AD62 Govt                         USD           A-        8,50         4,14      118,88      122,88                500.000.000

PEMEX 5 3/4 03/01/18                                      US706451BS94 Corp                         USD           A-        5,75         3,20      112,58      113,58             2.483.988.000



                                                                                                      BONOS SOBERANOS DE VENEZUELA
Description                                                       ISIN                           Currency        Risk     Coupon   YTM           Bid Price   Ask Price            Amount Issued

VENZ 10 3/4 09/19/13                                        US922646BJ29                            USD           B+       10,75          7,63     101,50       104,00            1.487.337.250

VENZ 8 1/2 10/08/14                                         US922646BM57                            USD           B+        8,50          8,24      98,00       101,00            1.500.000.000

VENZ 7 03/16/15                                              XS0214851874                           EUR           B+        7,00          9,21      93,95        95,35            1.000.000.000

VENZ 5 3/4 02/26/16                                         USP97475AF73                            USD           B+        5,75          9,74      85,50        88,50            1.500.057.000

VENZ 7 12/01/18                                             USP97475AD26                            USD           B+        7,00         12,22      76,00        77,75            1.000.000.000

VENZ 13 5/8 08/15/18                                        US922646AT10                            USD           B+       13,63         13,25      99,50       102,00               752.811.000

VENZ 7 3/4 10/13/19                                         USP97475AN08                            USD           B+        7,75         12,43      76,00        78,50            2.495.963.000

VENZ 6 12/09/20                                             USP97475AG56                            USD           B+        6,00         11,87      66,50        69,75            1.500.057.000

VENZ 12 3/4 08/23/22                                        USP17625AC16                            USD           B+       12,75         13,29      94,50        97,50            3.000.000.000

VENZ 9 05/07/23                                             USP17625AA59                            USD           B+        9,00         12,75      76,50        78,75            2.000.000.000

VENZ 8 1/4 10/13/24                                         USP97475AP55                            USD           B+        8,25         12,33      71,75        75,00            2.495.963.000

VENZ 7.65 04/21/25                                           XS0217249126                           USD           B+        7,65         12,28      67,50        71,00            1.599.817.000

VENZ 11 3/4 10/21/26                                        USP17625AE71                            USD           B+       11,75         13,54      87,50        89,00            3.000.000.000

VENZ 9 1/4 09/15/27                                         US922646AS37                            USD           B+        9,25         11,99      79,75        81,50            4.000.000.000

VENZ 9 1/4 05/07/28                                         USP17625AB33                            USD           B+        9,25         12,73      75,00        77,00            2.000.000.000

VENZ 11.95 08/05/31                                         USP17625AD98                            USD           B+       11,95         13,49      87,00        90,00            4.200.000.000

VENZ 9 3/8 01/13/34                                         US922646BL74                            USD           B+        9,38         12,31      75,50        78,50            1.500.000.000

VENZ 7 03/31/38                                             USP97475AJ95                            USD           B+        7,00         11,24      63,00        65,00            1.250.003.000




                                                                           BONOS CORPORATIVOS PETROLEOS DE VENEZUELA (PDVSA)
Description                                                       ISIN                           Currency        Risk     Coupon   YTM           Bid Price   Ask Price            Amount Issued

PDVSA 8 11/17/13                                            USP7807HAJ43                            USD           B+        8,00          9,30      97,85        98,85               618.681.375

PDVSA 8 11/17/13                                            USP7807HAN54                            USD           B+        8,00          8,78      96,50        99,50            1.783.000.000

PDVSA 4.9 10/28/14                                           XS0460546442                           USD           B+        4,90         11,58      85,25        87,25            3.000.000.000

PDVSA 5 10/28/15                                             XS0460546525                           USD           B+        5,00         12,99      77,50        79,50            1.413.224.800

PDVSA 5 1/8 10/28/16                                         XS0460546798                           USD           B+        5,13         13,50      71,75        73,75               434.838.400

PDVSA 5 1/4 04/12/17                                         XS0294364103                           USD           B+        5,25         13,62      69,80        71,80            3.000.000.000

PDVSA 8 1/2 11/02/17                                        USP7807HAK16                            USD           B+        8,50         13,39      80,25        82,25            6.150.000.000

PDVSA 9 11/17/21                                            USP7807HAP03                            USD           B+        9,00         14,07      72,50        74,50            2.394.239.600

PDVSA 12 3/4 02/17/22                                       USP7807HAM71                            USD           B+       12,75         13,69      93,50        95,50            3.000.000.000

PDVSA 5 3/8 04/12/27                                         XS0294364954                           USD           B+        5,38         11,43      55,75        57,75            3.000.000.000

PDVSA 9 3/4 05/17/35                                        USP7807HAQ85                            USD           B+        9,75         13,07      73,50        76,50            3.000.000.000

PDVSA 5 1/2 04/12/37                                         XS0294367205                           USD           B+        5,50         10,34      55,50        57,50            1.500.000.000



                                                                             BONOS CORPORATIVOS OTRAS EMPRESAS DE VENEZUELA
Description                                                       ISIN                           Currency        Risk     Coupon   YTM           Bid Price   Ask Price            Amount Issued

SIDETU 10 04/20/16                                       USN7992HAA07 Corp                          USD           B-       10,00         14,52      80,00        90,00               100.000.000



                                                                                                            BONOS CORPORATIVOS ELECAR
Description                                                       ISIN                           Currency        Risk     Coupon   YTM           Bid Price   Ask Price            Amount Issued

ELECAR 8 1/2 04/10/18                                     XS0356521160 Corp                         USD           B+        8,50         15,14      70,50        75,50               650.000.000



Nota: Los precios mostrados en este Reporte son precios indicativos al momento de generar la informacion.

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Precios indicativos open 29 de junio 2012

  • 1. PRECIOS REFERENCIALES 29/06/2012 09:30 BONOS GLOBALES CON GRADO DE INVERSION Description ISIN Currency Risk Coupon YTM Bid Price Ask Price Amount Issued LUKOIL 7 1/4 11/05/19 XS0461926569 Corp USD BBB- 7,25 5,20 111,88 112,88 600.000.000 PETBRA 5 7/8 03/01/18 US71645WAM38 Corp USD BBB+ 5,88 3,74 110,28 112,37 1.750.000.000 POLAND 6 3/8 07/15/19 US731011AR30 Govt USD BBB- 6,38 3,47 117,50 118,88 3.500.000.000 PETMK 5 1/4 08/12/19 USY68856AH99 Corp USD BBB 5,25 2,93 114,31 115,67 3.000.000.000 BRAZIL 8 01/15/18 US105756BH29 Govt USD BBB 8,00 4,59 116,00 117,85 4.508.571.000 MEX 5 1/2 02/17/20 US91086QAT58 Govt EUR BBB- 5,50 3,31 113,99 115,35 750.000.000 BRAZIL 8 7/8 10/14/19 US105756BE97 Govt USD BBB- 8,88 2,55 141,25 142,85 1.500.000.000 SOAF 8 1/2 06/23/17 US836205AD62 Govt USD A- 8,50 4,14 118,88 122,88 500.000.000 PEMEX 5 3/4 03/01/18 US706451BS94 Corp USD A- 5,75 3,20 112,58 113,58 2.483.988.000 BONOS SOBERANOS DE VENEZUELA Description ISIN Currency Risk Coupon YTM Bid Price Ask Price Amount Issued VENZ 10 3/4 09/19/13 US922646BJ29 USD B+ 10,75 7,63 101,50 104,00 1.487.337.250 VENZ 8 1/2 10/08/14 US922646BM57 USD B+ 8,50 8,24 98,00 101,00 1.500.000.000 VENZ 7 03/16/15 XS0214851874 EUR B+ 7,00 9,21 93,95 95,35 1.000.000.000 VENZ 5 3/4 02/26/16 USP97475AF73 USD B+ 5,75 9,74 85,50 88,50 1.500.057.000 VENZ 7 12/01/18 USP97475AD26 USD B+ 7,00 12,22 76,00 77,75 1.000.000.000 VENZ 13 5/8 08/15/18 US922646AT10 USD B+ 13,63 13,25 99,50 102,00 752.811.000 VENZ 7 3/4 10/13/19 USP97475AN08 USD B+ 7,75 12,43 76,00 78,50 2.495.963.000 VENZ 6 12/09/20 USP97475AG56 USD B+ 6,00 11,87 66,50 69,75 1.500.057.000 VENZ 12 3/4 08/23/22 USP17625AC16 USD B+ 12,75 13,29 94,50 97,50 3.000.000.000 VENZ 9 05/07/23 USP17625AA59 USD B+ 9,00 12,75 76,50 78,75 2.000.000.000 VENZ 8 1/4 10/13/24 USP97475AP55 USD B+ 8,25 12,33 71,75 75,00 2.495.963.000 VENZ 7.65 04/21/25 XS0217249126 USD B+ 7,65 12,28 67,50 71,00 1.599.817.000 VENZ 11 3/4 10/21/26 USP17625AE71 USD B+ 11,75 13,54 87,50 89,00 3.000.000.000 VENZ 9 1/4 09/15/27 US922646AS37 USD B+ 9,25 11,99 79,75 81,50 4.000.000.000 VENZ 9 1/4 05/07/28 USP17625AB33 USD B+ 9,25 12,73 75,00 77,00 2.000.000.000 VENZ 11.95 08/05/31 USP17625AD98 USD B+ 11,95 13,49 87,00 90,00 4.200.000.000 VENZ 9 3/8 01/13/34 US922646BL74 USD B+ 9,38 12,31 75,50 78,50 1.500.000.000 VENZ 7 03/31/38 USP97475AJ95 USD B+ 7,00 11,24 63,00 65,00 1.250.003.000 BONOS CORPORATIVOS PETROLEOS DE VENEZUELA (PDVSA) Description ISIN Currency Risk Coupon YTM Bid Price Ask Price Amount Issued PDVSA 8 11/17/13 USP7807HAJ43 USD B+ 8,00 9,30 97,85 98,85 618.681.375 PDVSA 8 11/17/13 USP7807HAN54 USD B+ 8,00 8,78 96,50 99,50 1.783.000.000 PDVSA 4.9 10/28/14 XS0460546442 USD B+ 4,90 11,58 85,25 87,25 3.000.000.000 PDVSA 5 10/28/15 XS0460546525 USD B+ 5,00 12,99 77,50 79,50 1.413.224.800 PDVSA 5 1/8 10/28/16 XS0460546798 USD B+ 5,13 13,50 71,75 73,75 434.838.400 PDVSA 5 1/4 04/12/17 XS0294364103 USD B+ 5,25 13,62 69,80 71,80 3.000.000.000 PDVSA 8 1/2 11/02/17 USP7807HAK16 USD B+ 8,50 13,39 80,25 82,25 6.150.000.000 PDVSA 9 11/17/21 USP7807HAP03 USD B+ 9,00 14,07 72,50 74,50 2.394.239.600 PDVSA 12 3/4 02/17/22 USP7807HAM71 USD B+ 12,75 13,69 93,50 95,50 3.000.000.000 PDVSA 5 3/8 04/12/27 XS0294364954 USD B+ 5,38 11,43 55,75 57,75 3.000.000.000 PDVSA 9 3/4 05/17/35 USP7807HAQ85 USD B+ 9,75 13,07 73,50 76,50 3.000.000.000 PDVSA 5 1/2 04/12/37 XS0294367205 USD B+ 5,50 10,34 55,50 57,50 1.500.000.000 BONOS CORPORATIVOS OTRAS EMPRESAS DE VENEZUELA Description ISIN Currency Risk Coupon YTM Bid Price Ask Price Amount Issued SIDETU 10 04/20/16 USN7992HAA07 Corp USD B- 10,00 14,52 80,00 90,00 100.000.000 BONOS CORPORATIVOS ELECAR Description ISIN Currency Risk Coupon YTM Bid Price Ask Price Amount Issued ELECAR 8 1/2 04/10/18 XS0356521160 Corp USD B+ 8,50 15,14 70,50 75,50 650.000.000 Nota: Los precios mostrados en este Reporte son precios indicativos al momento de generar la informacion.