PROTECTED SOURCE SCRIPT
Cập nhật

Evolucion Tasas LECAPs y BONCAPs

703
Daily yield evolution tracker for Argentine fixed-rate Treasury instruments: LECAPs (capitalizable letters) and BONCAPs (capitalizable bonds).

Each line plots an individual instrument's implied yield in real time, calculated from its market price and maturity value. This lets you visualize how the peso fixed-income curve moves day by day.

YIELD METRICS
Choose between three metrics:
- TEM (Monthly Effective Rate)
- TNA (Annual Nominal Rate)
- TEA (Annual Effective Rate)

CPI INFLATION OVERLAY
- Solid stepped line: official monthly CPI (INDEC), converted to annual basis for TNA/TEA modes.
- Dashed line: user-adjustable inflation projection for the current unpublished month. Starts exactly where official data ends.

TREASURY AUCTION LINES
Dotted vertical lines mark auction dates (Secretaria de Finanzas). Hover over the marker to see which instruments were awarded and at what cut-rate TEM. Source: official results from argentina.gob.ar.

LABELS AND HOVER
- First bar label shows ticker and settlement price when each instrument starts trading.
- Hover tooltips on any label for expanded info (ticker, price, yield).
- The y-axis scale shows each line's current value on the right edge.

VISIBILITY CONTROLS
- Toggle LECAPs, BONCAPs, and CPI by type
- Toggle each individual instrument on/off
- Configurable label size, CPI line width, and projected inflation

INSTRUMENTS
LECAPs (yellow/amber to orange, short to long maturity): S27F6, S17A6, S30A6, S29Y6, S31L6, S31G6, S30O6, S30N6
BONCAPs (light blue to deep blue): T30J6, T15E7, T30A7, T31Y7
Instruments disappear automatically after their maturity date.

DATA SOURCES
- Maturity prices: Letras_Library (IAMC)
- Daily prices: BCBA via request.security()
- CPI: hardcoded INDEC data (update periodically)
- Auctions: Secretaria de Finanzas

DISCLAIMER
This indicator is provided strictly for informational and educational purposes. It does NOT constitute investment advice, a recommendation to buy or sell any security, or a solicitation of any kind. Data may be incomplete, delayed, or inaccurate. Past performance and projected yields are not indicative of future results. Always consult a licensed financial advisor before making any investment decision. The author assumes no responsibility for any financial losses arising from the use of this tool.

---

EN ESPAÑOL: Evolución diaria del rendimiento implícito de LECAPs y BONCAPs del Tesoro argentino (TEM, TNA o TEA), con IPC oficial, proyección de inflación ajustable y fechas de licitación con TEM de corte. Este indicador es solo informativo y educativo; NO constituye asesoramiento de inversión.
Phát hành các Ghi chú
v1.1 Update

Added Treasury auction date markers (vertical highlights) with hover tooltips showing each instrument's cut-rate TEM. Data from Secretaría de Finanzas (argentina.gob.ar), covering 9 auction dates from Jun-2025 through Feb-2026.
Added configurable label size (tiny / small / normal / large / huge).
Added hover tooltips on all labels (instruments, CPI, projected CPI) showing expanded detail.
Fixed y-axis autoscale collapse when changing settings — auction markers now use bgcolor instead of vertical lines.
Swapped color scheme: LECAPs in blue gradient, BONCAPs in yellow-to-red gradient.
Reduced default selection to 4 instruments (S30A6, S30N6, T30J6, T31Y7) for a cleaner initial view.
Default projected CPI set to 2.5%.
also a brief spanish description5:23 PMOrchestrated Spanish translation of changelog detailsBrief Spanish translation of the changelog.Donev1.1 Actualización

Marcadores de fechas de licitación del Tesoro (resaltado vertical) con tooltips al pasar el cursor mostrando TEM de corte de cada instrumento adjudicado. Datos de Secretaría de Finanzas (argentina.gob.ar), 9 licitaciones de jun-2025 a feb-2026.
Tamaño de etiquetas configurable (tiny / small / normal / large / huge).
Tooltips en todas las etiquetas (instrumentos, IPC, IPC proyectado) con información ampliada.
Corrección del colapso del eje Y al cambiar configuración.
Nuevo esquema de colores: LECAPs en gradiente azul, BONCAPs en gradiente amarillo-rojo.
Selección por defecto reducida a 4 instrumentos (S30A6, S30N6, T30J6, T31Y7).
IPC proyectado por defecto: 2.5%.

v1.1 Actualización

Marcadores de fechas de licitación del Tesoro (resaltado vertical) con tooltips al pasar el cursor mostrando TEM de corte de cada instrumento adjudicado. Datos de Secretaría de Finanzas (argentina.gob.ar), 9 licitaciones de jun-2025 a feb-2026.
Tamaño de etiquetas configurable (tiny / small / normal / large / huge).
Tooltips en todas las etiquetas (instrumentos, IPC, IPC proyectado) con información ampliada.
Corrección del colapso del eje Y al cambiar configuración.
Nuevo esquema de colores: LECAPs en gradiente azul, BONCAPs en gradiente amarillo-rojo.
Selección por defecto reducida a 4 instrumentos (S30A6, S30N6, T30J6, T31Y7).
IPC proyectado por defecto: 2.5%.
Phát hành các Ghi chú
Update – Feb 2026

Corrección de cálculo: liquidación T+1
Los rendimientos ahora descuentan correctamente un día de plazo para reflejar la liquidación en T+1 (entrega al día siguiente de la operación). Esto produce tasas ligeramente superiores en instrumentos de corto plazo, donde el impacto del día de liquidación es más significativo.

Defaults actualizados
Instrumentos cargados por defecto: S29Y6 y S31L6 (LECAPs), T30J6 y T31Y7 (BONCAPs).

Update – Feb 2026

Yield calculation fix: T+1 settlement
Yields now correctly subtract one day from days-to-maturity to reflect T+1 settlement (delivery occurs the day after the trade). This results in marginally higher yields, especially noticeable in shorter-dated instruments.

Updated defaults
Instruments loaded by default: S29Y6 and S31L6 (LECAPs), T30J6 and T31Y7 (BONCAPs).

You can use either the Spanish version, the English version, or both together. Want me to adjust the tone or add anything?
Phát hành các Ghi chú

Update – Feb 2026

Updated defaults – LECAPs
Default instruments updated to: S29Y6 (29-May-26) and S30N6 (30-Nov-26).
Phát hành các Ghi chú
Evolución Tasas LECAPs y BONCAPs — TradingView Publication Description

Descripción (ES)
Indicador de serie temporal que rastrea la evolución diaria del rendimiento de los instrumentos de renta fija a tasa fija del Tesoro argentino: LECAPs (Letras de Capitalización en Pesos) y BONCAPs (Bonos de Capitalización en Pesos). Importa los datos desde la librería EcoValores/Letras_Library para mantener una única fuente de verdad con los demás indicadores de la suite. Incluye 10 LECAPs y 5 BONCAPs activos, métrica seleccionable (TEM, TNA, TEA), liquidación T+1 ajustada por días hábiles BYMA, overlay de IPC INDEC, marcadores de licitaciones del Tesoro y eventos presidenciales argentinos con la bandera 🇦🇷.

Description (EN)
Time-series indicator that tracks the daily yield evolution of Argentine fixed-rate Treasury instruments — LECAPs (capitalizing peso bills) and BONCAPs (capitalizing peso bonds). Designed as a companion to the Curva de Rendimiento AR yield-curve indicator, it shares its underlying data backbone via the published EcoValores/Letras_Library, ensuring that ticker symbols, maturity dates, and face values stay perfectly in sync across the entire suite. Each non-expired instrument is plotted as a daily line so you can visually compare how the short, medium, and long ends of the peso fixed-rate curve have moved over time.

Core features:

15 active instruments (10 LECAPs + 5 BONCAPs) plotted as separate yield series with a chronological color gradient: cool blues for LECAPs, warm yellows-to-reds for BONCAPs, lightest at the front end and darkest at the long end
Three yield conventions — TEM (monthly effective rate), TNA (nominal annual), TEA (annual effective). Switching the convention instantly recomputes every plotted series and the CPI overlay
T+1 settlement (Plazo 24hs) with BYMA business-day adjustment — days-to-maturity skips weekends and 39 hardcoded national holidays (2025 + 2026), so yields don't artificially drift on Fridays or before long weekends
INDEC monthly CPI overlay as a stepped line for published months, plus a dashed projection line for the unpublished current month (user-configurable estimate)
Treasury auction markers — eleven historical auctions (June 2025 → March 2026) drawn as vertical highlights with the cut-off TEM of every adjudicated instrument visible at that moment
Argentine presidential events — vertical dashed lines marking elections, PASO primaries, runoffs, and presidential inaugurations from 1983 to 2023, each tagged with a tiny 🇦🇷 flag and the event name
Per-instrument visibility toggles so you can isolate any subset of the curve, plus type-level toggles for the LECAP family, the BONCAP family, the CPI overlay, the auction markers, and the presidential events
First-bar labels showing each instrument's ticker and issuance price the moment it begins trading
Compact info table in the top-right corner with the active rate convention, the latest CPI reading, the projected CPI for the running month, and a live count of currently visible LECAPs and BONCAPs
Phát hành các Ghi chú
ES:

Evolución Tasas LECAPs y BONCAPs (Tesoro Argentino)

Indicador de serie temporal que rastrea la evolución diaria del rendimiento de las LECAPs y BONCAPs del Tesoro argentino, con overlay de inflación IPC del INDEC.

Características principales:
• Rendimiento diario de hasta 10 LECAPs y 5 BONCAPs no vencidos, importados desde la librería EcoValores/Letras_Library (misma fuente que "Curva de Rendimiento AR").
• Métrica seleccionable: TEM (Tasa Efectiva Mensual), TNA (Tasa Nominal Anual) o TEA (Tasa Efectiva Anual).
• Liquidación T+1 (Plazo 24hs) con DTM ajustado por días hábiles BYMA (excluye fines de semana y feriados nacionales 2025/2026).
• Overlay IPC: línea escalonada sólida para meses ya publicados por INDEC (datos hardcodeados) y línea punteada de proyección para el próximo mes sin dato oficial.
• Etiquetas en la primera rueda de cada instrumento con ticker y precio de colocación, con desplazamiento vertical escalonado para mejorar legibilidad.
• Visibilidad configurable por tipo (LECAP/BONCAP) y por símbolo individual.
• Líneas verticales de licitación del Tesoro con TEM de corte adjudicado.
• Eventos presidenciales 🇦🇷 (elecciones, PASO, balotajes y asunciones) como referencia histórica.
• Tabla informativa con métrica activa, último IPC conocido, IPC proyectado e instrumentos activos.

Útil para comparar rendimientos de la curva pesos fija contra inflación y analizar la evolución de tasas en cortes de licitación.

⚠️ Solo fines informativos y educativos. No constituye asesoramiento de inversión.

EN:

Evolución Tasas LECAPs y BONCAPs (Argentine Treasury)

Time-series indicator tracking the daily yield evolution of Argentine fixed-rate Treasury instruments — LECAPs (Letras del Tesoro Capitalizables en Pesos) and BONCAPs (Bonos del Tesoro Capitalizables en Pesos) — with an INDEC CPI inflation overlay for real-yield context.

Key features:
• Daily yield for up to 10 non-expired LECAPs and 5 BONCAPs, imported from the EcoValores/Letras_Library library (single source of truth, shared with the "Curva de Rendimiento AR" yield curve indicator).
• User-selectable yield metric: TEM (Monthly Effective Rate), TNA (Nominal Annual Rate), or TEA (Annual Effective Rate).
• T+1 settlement (Plazo 24hs) with Days-To-Maturity adjusted for BYMA business days — weekends and hardcoded Argentine national holidays for 2025/2026 are excluded.
• CPI overlay: solid stepped line for months already published by INDEC (hardcoded data, updated periodically) plus a dashed projection line for the next unpublished month based on user-configurable assumed inflation.
• First-bar labels on each instrument show ticker and placement price, staggered vertically to avoid overlap with the plot lines.
• Toggle visibility by instrument type (LECAP/BONCAP) and by individual ticker.
• Treasury auction vertical markers (Licitaciones del Tesoro) annotated with the cut-off TEM of each adjudicated instrument — failed ("desiertas") auctions omitted.
• Argentine presidential event markers 🇦🇷 (elections, PASO, runoffs, inaugurations) for historical context.
• Info table with current metric, latest known CPI, projected CPI, and active instrument count.

Useful to compare the fixed-peso curve against inflation and track how auction cut-offs evolve over time.

MAINTENANCE: update the Letras_Library import version when new instruments are issued or expire; refresh BYMA_HOLIDAYS annually from api.argentinadatos.com; add new auction rows as they occur; extend the INDEC CPI table each month.

Data sources: Letras_Library (tickers/maturities), INDEC (CPI), Secretaría de Finanzas (auction results), api.argentinadatos.com (holidays, presidential events).

⚠️ DISCLAIMER: For informational and educational purposes only. NOT investment advice, a recommendation, or a solicitation. Data may be incomplete, delayed, or inaccurate. Past performance does not indicate future results. Consult a licensed financial advisor. The author assumes no responsibility for financial losses.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.