CPI-Linked

(denominated in UI)

Series Type of Rate

Coupon Rate

(in %)

Issue

Date

Maturity

Date

Outstanding

(in original currency)

13 Fixed 4.00  05/25/2010   05/25/2025(*)  4,327,545,842
21 Fixed 4.00 11/26/2014 11/26/2025 3,825,000,000
   25       Fixed    2.90 01/24/2018  07/24/2030 4,233,330,000
27 Fixed 2.975 06/09/2020 06/09/2024(*) 1,146,568,587
28 Fixed 1.575 01/20/2021 01/20/2026(*)  4,193,278,314 
29 Fixed 2.50 08/24/2021 08/24/2034(*)  6,603,350,000 
30 Fixed 1.125 01/19/2022 01/19/2027 5,976,840,000
   31       Fixed    3.250 01/18/2023 01/18/2029 2,559,430,000
32 Fixed 3.125 02/28/2024 02/28/2036(*)    194,810,000

(*) Principal repaid in the last three years to maturity, in annual and equal installments.

 

UIs are inflation-indexed monetary units. The UI is calculated by the National Institute of Statistics (Instituto Nacional de Estadistica or INE) and is published monthly in advance for each day from the 6th day of a month to the 5th day of the following month. The UI is available on Bloomberg by typing “URUIURUI <INDEX> <GO>” (or “URUDUD <INDEX> <GO>”.  The UI changes on a daily basis to reflect changes in the consumer price index (Indice de Precios al Consumo or IPC), which is measured by the INE. The UI for each day is set in advance based on changes in previous months’ inflation.

The UI is readjusted on a daily basis in accordance with the evolution of headline inflation (IPC) as determined by the following formula:

 

 

 

 

 

 

 

 

where UId,M corresponds to the value of the UI on day d and month M, DM corresponds to the number of days in month M, IPC M corresponds to the value of the IPC on month M and, in consequence, the coefficient between IPC M-1 and IPC M-2 corresponds to the inflation rate of the previous month. The index was created with an initial value of 1.0 on June 1st 2002 and was subsequently adjusted to 1.2841 on August 1st 2003.

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Sovereign Debt Management Unit

Ministry of Economy and Finance of Uruguay
Colonia 1089 3rd Floor CP 11100 Montevideo - debtinfo@mef.gub.uy

Última Actualización: 17/04/2024