BYMA announces news for CEDEARs

This is the change of ratios of the 39 CEDEARs Programs recently authorized by the CNV. The same will begin to take effect according to the following schedule:- Thursday, October 22, 2020: trading in BYMA as of this date will be carried out using prices that adapt to the new ratios for each of the 39 Programs: price EX.- Friday, October 23, 2020: Caja de Valores will take the position at the close of this date for the crediting of the additional CEDEARs that correspond to each of the new ratios (record date).- Monday, October 26, 2020: on this date Caja de Valores will proceed to credit the additional CEDEARs according to each ratio. "The CEDEAR is an instrument to invest in pesos and be hedged against possible fluctuations in the exchange rate. At BYMA we always seek to be a space for doing business, offering multiple alternatives for different investor profiles, with a focus on small savers. This innovation was possible thanks to the joint work carried out with Banco Comafi," explained Gonzalo Pascual Merlo, BYMA's Market Manager.See Banco Comafi's Press Release.