Fecha Inicial

TRM Inicial

###
1,800.63

Fecha Final
TRM Final

###
1,780.16

Dias

#NAME?

Relacin Porcentual
-1.14% EA74DV
Relacin Porcentual
-0.02% EADV

Fecha Inicial
Fecha Final
Dias
TRM Final

###
###
#NAME?
#NAME?

Fecha Inicial ###

Fecha Final
###
Dias
#NAME?
TRM Final#NAME?

Valor Emision
###
Valor Nominal
###
Fecha Emision
4/19/2010
Fecha Compra
7/19/2011
Fecha Vencimiento
7/19/2014
Tasa Cupon
FED
EA
Spread
10% EA

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

2012
0.75%
10.00%
10.83%
2.60%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

ESCENARIO S
Fecha

Trimestres
4/19/2010
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011

Dias TRM

#NAME?

Valor TRM

#NAME?

10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

ESCENARIO C
Fecha

Trimestres
12/30/1899
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

Dias TRM

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Valor TRM

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Rta/: Comprando el Bono con el corredor propuesto por el jefe de cartera

el da 19 de Julio de 2011, tendra que pagar la suma de USD 250.139,86
anual del 23,14%. Mientras que se compro el bono sin un corredor come
fecha de adquisicin USD374.999,48generando una rentabilidad anual d

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

EAV
EAV
EAV
EATV
EADV

ESCENARIO SIN EL CORREDOR

Tasa Cupon
Tasa Diaria
Valor Cupon USD
Valor Cupon COPValor Presente
2.48%
2.48%
2.54%
2.54%
2.54%

USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00

2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

0.0279% USD
0.0286% USD
0.0286% USD
0.0286% USD
0.0286% USD
0.0306%
0.0306%
0.0306%
0.0306%
0.0292% USD
0.0292% USD
0.0292%

9,521.79
#NAME?
9,760.70
#NAME?
9,760.70 16,616,815.48 USD
9,760.70 16,387,350.58 USD
9,760.70 16,161,054.40 USD
### 17,103,854.66 USD
### 16,867,664.14 USD
### 16,634,735.21 USD
### 16,405,022.85 USD
9,999.16 15,443,905.57 USD
9,999.16 15,230,637.61 USD
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

#NAME?
#NAME?
9,036.55
8,807.31
8,583.88
8,878.84
8,637.57
8,402.85
8,174.52
7,685.61
7,486.00
###

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COPValor Presente
2.48%
2.48%
2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%
VA
VA

USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48 USD
0.0733% USD 9,760.70 16,387,350.58 USD
0.0733% USD 9,760.70 16,161,054.40 USD
0.0733%
### 17,103,854.66 USD
0.0733%
### 16,867,664.14 USD
0.0733%
### 16,634,735.21 USD
0.0733%
### 16,405,022.85 USD
0.0733% USD 9,999.16 15,443,905.57 USD
0.0733% USD 9,999.16 15,230,637.61 USD
0.0733%
### 578,329,408.94
#NAME?
#NAME?

#NAME?
#NAME?
8,008.87
7,497.82
7,019.37
7,052.21
6,602.20
6,180.90
5,786.49
5,171.28
4,841.30
###

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

uesto por el jefe de cartera, y teniendo en cuenta que l me garantiza una rentabilidad del 25% NAM
a suma de USD 250.139,86 que en pesos me representa $443.983.706, generandome una rentabilid
bono sin un corredor comercial que me garantice una rentabilidad , tendra que pagar por el bono a
o una rentabilidad anual de solo 5,11%

Flujo USD
Flujo COP
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
#NAME?

USD
USD
USD
USD
USD

9,521.79
9,760.70
9,760.70
9,760.70
9,760.70
###
###
###
###
USD 9,999.16
USD 9,999.16
###

#NAME?
16,849,493.5
16,616,815.5
16,387,350.6
16,161,054.4
17,103,854.7
16,867,664.1
16,634,735.2
16,405,022.8
15,443,905.6
15,230,637.6
###

Flujo USD
Flujo COP
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
#NAME?
USD 9,521.79
#NAME?
USD 9,760.70 16,849,493.5
USD 9,760.70 16,616,815.5
USD 9,760.70 16,387,350.6
USD 9,760.70 16,161,054.4
### 17,103,854.7
### 16,867,664.1
### 16,634,735.2
### 16,405,022.8
USD 9,999.16 15,443,905.6
USD 9,999.16 15,230,637.6
###
###

a una rentabilidad del 25% NAMA,

6, generandome una rentabilidad
endra que pagar por el bono a la

Entidad
Tasa
Banco de Pobres
1.40% EMV
Banco de la Alegria 5.00% ETA
Banco Mundialista
13% NASA
Banco Financiero
23% NA45DV

Banco de Pobres

Tasa
1.40% EMV
18.16% EAV

Tasa
Banco de la Alegria 5.00% ETA
21.6% EAA
27.47% EAV

Tasa
Banco Mundialista
13% NASA
6.5% EASA
13.42% EAA
15.50% EAV

Tasa
Banco Financiero

23% NA45DV
2.9% EA45DV
25.45% EAV

Rta/: La menor tasa de interes la ofrece el Banco Mundialista

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Fecha

Trimestres
12/30/1899
7/19/2010

Dias TRM

10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Descuento de Cartera
Tasa Descuento
Tasa Descuento
fecha Compra
Factura
5351
5364
5388
5405

5.19% ETV
0.06% EDV
7/19/2011
Valor
Fecha Inicial
fecha Final
15,000,000.00
6/13/2011
8/13/2011
5,000,000.00
6/20/2011
8/20/2011
20,000,000.00
6/25/2011
8/25/2011
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

Rta/: Con la entidad financiera que pago menor valor por concepto de servicio de

2012
0.75%
10.00%
10.83%
2.60%
0.03%

Valor TRM

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COP
2.48%

USD 0.00

2.48%
2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Dias
#NAME?
#NAME?
36
51
Total CXC

USD 0.00
USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48
0.0733% USD 9,760.70 16,387,350.58
0.0733% USD 9,760.70 16,161,054.40
0.0733%
### 17,103,854.66
0.0733%
### 16,867,664.14
0.0733%
### 16,634,735.21
0.0733%
### 16,405,022.85
0.0733% USD 9,999.16 15,443,905.57
0.0733% USD 9,999.16 15,230,637.61
0.0733%
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

VA
#NAME?
#NAME?
###
###
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81 74,132,223.91
40,223,458.53 37,066,111.95
38,644,785.24
(0.00)

5.00%
10.25%
11.42%
5

No Cuota

por concepto de servicio de deuda es con el Banco Mundialista

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

EAV
EAV
EAV
EATV
EADV

Valor Presente

Flujo USD
Flujo COP
USD 0.00
USD 0.00

USD 0.00
USD 0.00
USD 0.00
#NAME?
#NAME?
#NAME?
USD 9,521.79
#NAME?
#NAME?
USD 9,760.70
16,849,493.5
USD 8,008.87
USD 9,760.70
16,616,815.5
USD 7,497.82
USD 9,760.70
16,387,350.6
USD 7,019.37
USD 9,760.70
16,161,054.4
USD 7,052.21 USD 10,474.76
17,103,854.7
USD 6,602.20 USD 10,474.76
16,867,664.1
USD 6,180.90 USD 10,474.76
16,634,735.2
USD 5,786.49 USD 10,474.76
16,405,022.8
USD 5,171.28
USD 9,999.16
15,443,905.6
USD 4,841.30
USD 9,999.16
15,230,637.6
USD 174,510.47 USD 384,999.16 578,329,408.9

Banco Mundialista
ETA
ESA
ESV
Semestres

Capital

Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente
Intereses

#NAME?
#NAME?
#NAME?
#NAME?
73,272,478.73 28,080,732.15
81,640,644.82 19,712,566.06
90,964,506.77 10,388,704.12
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 172,605,151.59
#NAME? 90,964,506.77
#NAME?
-

No Cuota
1
2
3
4
5
6
7
8
9
10

Banco Mundialista
13.00% NASA
6.50% EASA
3.20% EATA
3.30% EATV
10 Trimestres
4.50%
Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
### 30,163,965.17
#NAME?
#NAME?
#NAME?
### 31,521,343.61
#NAME?
#NAME?
#NAME?
### 32,939,804.07 10,210,242.21 43,150,046.28 276,036,006.70
### 34,422,095.25 9,121,731.83 43,543,827.08 241,613,911.44
### 35,971,089.54 7,984,238.48 43,955,328.02 205,642,821.91
### 37,589,788.57 6,795,557.93 44,385,346.50 168,053,033.34
### 39,281,329.05 5,553,386.75 44,834,715.81 128,771,704.28
### 41,048,988.86 4,255,317.87 45,304,306.74 87,722,715.42
### 42,896,193.36 2,898,835.90 45,795,029.26 44,826,522.06
### 44,826,522.06 1,481,312.23 46,307,834.29
Total intereses
#NAME?

Banco Financiero

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Fecha

Trimestres
12/30/1899
7/19/2010
10/19/2010

Dias TRM

1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Descuento de Cartera
Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

2012
0.75%
10.00%
10.83%
2.60%
0.03%

Valor TRM

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COP
2.48%
2.48%

USD 0.00
USD 0.00

2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Dias
#NAME?
#NAME?
36
51
Total CXC

USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48
0.0733% USD 9,760.70 16,387,350.58
0.0733% USD 9,760.70 16,161,054.40
0.0733%
### 17,103,854.66
0.0733%
### 16,867,664.14
0.0733%
### 16,634,735.21
0.0733%
### 16,405,022.85
0.0733% USD 9,999.16 15,443,905.57
0.0733% USD 9,999.16 15,230,637.61
0.0733%
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

VA
#NAME?
#NAME?
###
###
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81 74,132,223.91
40,223,458.53 37,066,111.95
38,644,785.24
(0.00)

EAV
EAV
EAV
EATV
EADV

Valor Presente

Flujo USD
Flujo COP Bono Flujo de Caja Prestamo
Flujo Neto
USD 0.00
USD 0.00
USD 0.00

USD 0.00
USD 0.00
#NAME?
#NAME?
#NAME?
USD 9,521.79
#NAME?
#NAME?
USD 9,760.70
16,849,493.5
USD 8,008.87
USD 9,760.70
16,616,815.5
USD 7,497.82
USD 9,760.70
16,387,350.6
USD 7,019.37
USD 9,760.70
16,161,054.4
USD 7,052.21 USD 10,474.76
17,103,854.7
USD 6,602.20 USD 10,474.76
16,867,664.1
USD 6,180.90 USD 10,474.76
16,634,735.2
USD 5,786.49 USD 10,474.76
16,405,022.8
USD 5,171.28
USD 9,999.16
15,443,905.6
USD 4,841.30
USD 9,999.16
15,230,637.6
USD 174,510.47 USD 384,999.16 578,329,408.9

#NAME?
#NAME?
#NAME?
(49,695,498.24)
(48,116,824.95)
(46,538,151.67)
(44,959,478.38)
(43,380,805.10)
(41,802,131.81)
(40,223,458.53)
(38,644,785.24)
TIR
TIR

#NAME?
#NAME?
###
###
###
###
###
###
###
###
###
###
###
#NAME?
#NAME?

ETV
EA

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Fecha

Trimestres
12/30/1899
7/19/2010
10/19/2010

Dias TRM

1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Descuento de Cartera
Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

2012
0.75%
10.00%
10.83%
2.60%
0.03%

Valor TRM

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COP
2.48%
2.48%

USD 0.00
USD 0.00

2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Dias
#NAME?
#NAME?
36
51
Total CXC

USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48
0.0733% USD 9,760.70 16,387,350.58
0.0733% USD 9,760.70 16,161,054.40
0.0733%
### 17,103,854.66
0.0733%
### 16,867,664.14
0.0733%
### 16,634,735.21
0.0733%
### 16,405,022.85
0.0733% USD 9,999.16 15,443,905.57
0.0733% USD 9,999.16 15,230,637.61
0.0733%
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

VA
#NAME?
#NAME?
###
###
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81 74,132,223.91
40,223,458.53 37,066,111.95
38,644,785.24
(0.00)

5.00%
10.25%
11.42%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

EAV
EAV
EAV
EATV
EADV

Valor Presente

Flujo USD
Flujo Bono
USD 0.00
USD 0.00
USD 0.00

Flujo prestamo

Flujo neto

USD 0.00
USD 0.00
#NAME?
#NAME?
#NAME?
USD 9,521.79
#NAME?
#NAME?
USD 9,760.70
16,849,493.5
USD 8,008.87
USD 9,760.70
16,616,815.5
USD 7,497.82
USD 9,760.70
16,387,350.6
USD 7,019.37
USD 9,760.70
16,161,054.4
USD 7,052.21 USD 10,474.76
17,103,854.7
USD 6,602.20 USD 10,474.76
16,867,664.1
USD 6,180.90 USD 10,474.76
16,634,735.2
USD 5,786.49 USD 10,474.76
16,405,022.8
USD 5,171.28
USD 9,999.16
15,443,905.6
USD 4,841.30
USD 9,999.16
15,230,637.6
USD 174,510.47 USD 384,999.16 578,329,408.9

#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
TIR
TIR

#NAME?
#NAME?
###
16,616,815.48
###
16,161,054.40
###
16,867,664.14
###
16,405,022.85
###
15,230,637.61
###
#NAME?
#NAME?

ETA
ESA
ESV
Semestres

Capital

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
73,272,478.73 28,080,732.15
81,640,644.82 19,712,566.06
90,964,506.77 10,388,704.12
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 172,605,151.59
#NAME? 90,964,506.77
#NAME?
-

ETV
EAV

Banco Mundialista
Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente

13.00% NASA
6.50% EASA
3.20% EATA
3.30% EATV
10 Trimestres
4.50%

No Cuota Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
1
### 30,163,965.17
#NAME?
#NAME?
#NAME?
2
### 31,521,343.61
#NAME?
#NAME?
#NAME?
3
### 32,939,804.07 10,210,242.21 43,150,046.28 276,036,006.70
4
### 34,422,095.25 9,121,731.83 43,543,827.08 241,613,911.44
5
### 35,971,089.54 7,984,238.48 43,955,328.02 205,642,821.91
6
### 37,589,788.57 6,795,557.93 44,385,346.50 168,053,033.34
7
### 39,281,329.05 5,553,386.75 44,834,715.81 128,771,704.28
8
### 41,048,988.86 4,255,317.87 45,304,306.74 87,722,715.42
9
### 42,896,193.36 2,898,835.90 45,795,029.26 44,826,522.06
10
### 44,826,522.06 1,481,312.23 46,307,834.29
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Fecha

Trimestres
12/30/1899
7/19/2010
10/19/2010

Dias TRM

1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Descuento de Cartera
Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

2012
0.75%
10.00%
10.83%
2.60%
0.03%

Valor TRM

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COP
2.48%
2.48%

USD 0.00
USD 0.00

2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Dias
#NAME?
#NAME?
36
51
Total CXC

USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48
0.0733% USD 9,760.70 16,387,350.58
0.0733% USD 9,760.70 16,161,054.40
0.0733%
### 17,103,854.66
0.0733%
### 16,867,664.14
0.0733%
### 16,634,735.21
0.0733%
### 16,405,022.85
0.0733% USD 9,999.16 15,443,905.57
0.0733% USD 9,999.16 15,230,637.61
0.0733%
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

VA
#NAME?
#NAME?
###
###
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81 74,132,223.91
40,223,458.53 37,066,111.95
38,644,785.24
(0.00)

5.00%
15.76%
18.71%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

EAV
EAV
EAV
EATV
EADV

Valor Presente

Flujo USD
Flujo Bono
USD 0.00
USD 0.00
USD 0.00

Flujo prestamo

(Flujo neto )

USD 0.00
USD 0.00
#NAME?
#NAME?
#NAME?
USD 9,521.79
#NAME?
#NAME?
USD 9,760.70
16,849,493.5
USD 8,008.87
USD 9,760.70
16,616,815.5
USD 7,497.82
USD 9,760.70
16,387,350.6
USD 7,019.37
USD 9,760.70
16,161,054.4
USD 7,052.21 USD 10,474.76
17,103,854.7
USD 6,602.20 USD 10,474.76
16,867,664.1
USD 6,180.90 USD 10,474.76
16,634,735.2
USD 5,786.49 USD 10,474.76
16,405,022.8
USD 5,171.28
USD 9,999.16
15,443,905.6
USD 4,841.30
USD 9,999.16
15,230,637.6
USD 174,510.47 USD 384,999.16 578,329,408.9

#NAME?
#NAME?
#NAME?
###
###
###
###
###
###
###
###
TIR
TIR

#NAME?
#NAME?
###
###
###
###
###
###
###
###
###
###
###
#NAME?
#NAME?

ETA
ESA
ESV
Semestres

Capital

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
71,996,187.82 48,450,009.48
85,468,096.54 34,978,100.77
101,460,865.46 18,985,331.85
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 186,928,961.99
#NAME? 101,460,865.46
#NAME?
0.00

ETV
EAV

Banco Mundialista
Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente

13.00% NASA
6.50% EASA
3.20% EATA
3.30% EATV
10 Trimestres
4.50%

No Cuota Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
1
### 30,163,965.17
#NAME?
#NAME?
#NAME?
2
### 31,521,343.61
#NAME?
#NAME?
#NAME?
3
### 32,939,804.07 10,210,242.21 43,150,046.28 276,036,006.70
4
### 34,422,095.25 9,121,731.83 43,543,827.08 241,613,911.44
5
### 35,971,089.54 7,984,238.48 43,955,328.02 205,642,821.91
6
### 37,589,788.57 6,795,557.93 44,385,346.50 168,053,033.34
7
### 39,281,329.05 5,553,386.75 44,834,715.81 128,771,704.28
8
### 41,048,988.86 4,255,317.87 45,304,306.74 87,722,715.42
9
### 42,896,193.36 2,898,835.90 45,795,029.26 44,826,522.06
10
### 44,826,522.06 1,481,312.23 46,307,834.29
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Fecha

Trimestres
12/30/1899
7/19/2010
10/19/2010

Dias TRM

1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
270.0
360.0
450.0
540.0
630.0
720.0
810.0
900.0
990.0
1,080.0

#NAME?
#NAME?
#NAME?
363.0
453.0
543.0
633.0
723.0
813.0
903.0
993.0
1,083.0
1,173.0

Descuento de Cartera
Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

2012
0.75%
10.00%
10.83%
2.60%
0.03%

Valor TRM

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

ESCENARIO CON EL CORREDOR

Tasa Cupon
Tasa Corredor Valor Cupon USD
Valor Cupon COP
2.48%
2.48%

USD 0.00
USD 0.00

2.54%
2.54%
2.54%
2.54%
2.60%
2.60%
2.60%
2.60%
2.79%
2.79%
2.79%
2.79%
2.67%
2.67%
2.67%

#NAME?
#NAME?
#NAME?
1,702.4
1,678.9
1,655.7
1,632.9
1,610.3
1,588.1
1,566.1
1,544.5
1,523.2
1,502.2

Dias
#NAME?
#NAME?
36
51
Total CXC

USD 0.00
USD 0.00
USD 0.00
0.0733% USD 9,521.79
#NAME?
0.0733% USD 9,760.70
#NAME?
0.0733% USD 9,760.70 16,616,815.48
0.0733% USD 9,760.70 16,387,350.58
0.0733% USD 9,760.70 16,161,054.40
0.0733%
### 17,103,854.66
0.0733%
### 16,867,664.14
0.0733%
### 16,634,735.21
0.0733%
### 16,405,022.85
0.0733% USD 9,999.16 15,443,905.57
0.0733% USD 9,999.16 15,230,637.61
0.0733%
### 578,329,408.94

VA
VA

#NAME?
#NAME?

TIR USD
TIR USD

#NAME? EATV
#NAME? EA

TIR COP
TIR USD

#NAME? EATV
#NAME? EA

VA
#NAME?
#NAME?
###
###
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81 74,132,223.91
40,223,458.53 37,066,111.95
38,644,785.24
(0.00)

5.00%
15.76%
18.71%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

EAV
EAV
EAV
EATV
EADV

Valor Presente

Flujo USD
Flujo Bono
USD 0.00
USD 0.00
USD 0.00

Flujo Prestamo

Flujo neto

USD 0.00
USD 0.00
#NAME?
#NAME?
#NAME?
USD 9,521.79
#NAME?
#NAME?
USD 9,760.70 16,849,493.49
USD 8,008.87
USD 9,760.70 16,616,815.48
USD 7,497.82
USD 9,760.70 16,387,350.58
USD 7,019.37
USD 9,760.70 16,161,054.40
USD 7,052.21 USD 10,474.76 17,103,854.66
USD 6,602.20 USD 10,474.76 16,867,664.14
USD 6,180.90 USD 10,474.76 16,634,735.21
USD 5,786.49 USD 10,474.76 16,405,022.85
USD 5,171.28
USD 9,999.16 15,443,905.57
USD 4,841.30
USD 9,999.16 15,230,637.61
USD 174,510.47 USD 384,999.16 578,329,408.94

#NAME?
###
TIR
TIR

#NAME?
#NAME?
16,849,493.49
16,616,815.48
16,387,350.58
16,161,054.40
17,103,854.66
16,867,664.14
16,634,735.21
16,405,022.85
###
15,230,637.61
###
#NAME?
#NAME?

ETA
ESA
ESV
Semestres

Capital

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
71,996,187.82 48,450,009.48
85,468,096.54 34,978,100.77
101,460,865.46 18,985,331.85
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 186,928,961.99
#NAME? 101,460,865.46
#NAME?
0.00

ETV
EAV

Banco Mundialista
Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente

13.00% NASA
6.50% EASA
3.20% EATA
3.30% EATV
10 Trimestres
4.50%

No Cuota Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
1
### 30,163,965.17
#NAME?
#NAME?
#NAME?
2
### 31,521,343.61
#NAME?
#NAME?
#NAME?
3
### 32,939,804.07 10,210,242.21 43,150,046.28 276,036,006.70
4
### 34,422,095.25 9,121,731.83 43,543,827.08 241,613,911.44
5
### 35,971,089.54 7,984,238.48 43,955,328.02 205,642,821.91
6
### 37,589,788.57 6,795,557.93 44,385,346.50 168,053,033.34
7
### 39,281,329.05 5,553,386.75 44,834,715.81 128,771,704.28
8
### 41,048,988.86 4,255,317.87 45,304,306.74 87,722,715.42
9
### 42,896,193.36 2,898,835.90 45,795,029.26 44,826,522.06
10
### 44,826,522.06 1,481,312.23 46,307,834.29
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Alternativa
TIR ETV
Banco de Pobres #NAME?
Banco de la Alegria#NAME?
Banco Mundialista #NAME?
Banco Financiero #NAME?

TIR EAV
#NAME?
#NAME?
#NAME?
#NAME?

Rta/: En este caso la mejor opcin es compra el bono,

solicitando un prestamo por valor de $370.611.119,55 con
el banco mundialista, ya que a travs de esta opcin se
genera un mayor retorno para el inversionista, esto se debe
principalmente a que a travs de esta opcin se genera
trimestralmente menores salidas de recursos, po lo tanto la
diferencia entre lo que percibo por los cupones en los
mismos periodos no esta alta

Rentabilidad
Rentabilidad

30% EA
6.78% ETV

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Fecha Inicial
Fecha Final
Dias
TRM Final

4/16/2011
7/19/2011
#NAME?
#NAME?

Fecha Inicial
Fecha Final

7/19/2011
7/19/2014

Inversion Inicial
Inversion Inicial
Fecha

#NAME?
#NAME?
trimestres

7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013

#NAME?
#NAME?
3
4
5
6
7
8
9

Dias TRM

#NAME?
#NAME?
#NAME?
363.00
453.00
543.00
633.00
723.00
813.00
903.00

Valor TRM

$
$
$
$
$
$
$

#NAME?
#NAME?
#NAME?
1,702.42
1,678.91
1,655.73
1,632.86
1,610.31
1,588.08
1,566.15

Rendimiento

6.78%
6.78%
6.78%
6.78%
6.78%
6.78%
6.78%
6.78%
6.78%

1/19/2014
4/19/2014
7/19/2014

10
11
12

993.00 $ 1,544.52
1,083.00 $ 1,523.19
1,173.00 $ 1,502.16

6.78%
6.78%
6.78%
TIR
TIR

Saldo

Flujo USD

#NAME?

#NAME?
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00

Flujo COP

#NAME?
#NAME?
#NAME?
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00

#NAME?

USD 0.00
USD 0.00
#NAME?

#NAME? ETV
#NAME? EAV

$ 0.00
$ 0.00
#NAME?

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Descuento de Cartera

Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Rentabilidad
Rentabilidad

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

30% EA
6.78% ETV

Fecha

trimestres
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
3
4
5
6
7
8
9
10
11
12

Dias TRM

#NAME?
#NAME?
#NAME?
363.00
453.00
543.00
633.00
723.00
813.00
903.00
993.00
1,083.00
1,173.00

Valor TRM

$
$
$
$
$
$
$
$
$
$

#NAME?
#NAME?
#NAME?
1,702.42
1,678.91
1,655.73
1,632.86
1,610.31
1,588.08
1,566.15
1,544.52
1,523.19
1,502.16

2012
0.75%
10.00%
10.83%
2.60%
0.03%

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

Dias

VA

#NAME?
#NAME?
#NAME?
#NAME?
36 $ 19,599,284.34
51 $ 34,010,722.13
Total CXC
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81
74,132,223.91
40,223,458.53
37,066,111.95
38,644,785.24
(0.00)

5.00%
15.76%
18.71%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

Flujo USD

#NAME?
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
TIR
TIR

Flujo Fondo

Flujo Prestamo

#NAME?
#NAME?
825,521,631.37
#NAME? ETV
#NAME? EAV

#NAME?
#NAME?
#NAME?
###
###
###
###
###
###
###
###
-

Flujo Neto

#NAME?
#NAME?
(51,274,171.52)
(49,695,498.24)
(48,116,824.95)
(46,538,151.67)
(44,959,478.38)
(43,380,805.10)
(41,802,131.81)
(40,223,458.53)
(38,644,785.24)
825,521,631.37

EAV
EAV
EAV
EATV
EADV

Banco Mundialista
ETA
ESA
ESV
Semestres

Capital

Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente
Intereses

#NAME?
#NAME?
#NAME?
#NAME?
71,996,187.82 48,450,009.48
85,468,096.54 34,978,100.77
101,460,865.46 18,985,331.85
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 186,928,961.99
#NAME? 101,460,865.46
#NAME?
0.00

No Cuota
1
2
3
4
5
6
7
8
9
10

Banco Mundialista
13.00% NASA
6.50% EASA
4.29% EATA
4.48% EATV
10 Trimestres
4.50%
Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
### 30,163,965.17
#NAME?
#NAME?
#NAME?
### 31,521,343.61
#NAME?
#NAME?
#NAME?
### 32,939,804.07 13,159,509.66 46,099,313.73 276,036,006.70
### 34,422,095.25 11,756,578.90 46,178,674.15 241,613,911.44
### 35,971,089.54 10,290,516.25 46,261,605.79 205,642,821.91
### 37,589,788.57 8,758,480.78 46,348,269.35 168,053,033.34
### 39,281,329.05 7,157,503.72 46,438,832.78 128,771,704.28
### 41,048,988.86 5,484,482.69 46,533,471.55 87,722,715.42
### 42,896,193.36 3,736,175.72 46,632,369.08 44,826,522.06
### 44,826,522.06 1,909,194.93 46,735,716.99
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Descuento de Cartera

Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Rentabilidad
Rentabilidad

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

30% EA
6.78% ETV

Fecha

trimestres
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
3
4
5
6
7
8
9
10
11
12

Dias TRM

#NAME?
#NAME?
#NAME?
363.00
453.00
543.00
633.00
723.00
813.00
903.00
993.00
1,083.00
1,173.00

Valor TRM

$
$
$
$
$
$
$
$
$
$

#NAME?
#NAME?
#NAME?
1,702.42
1,678.91
1,655.73
1,632.86
1,610.31
1,588.08
1,566.15
1,544.52
1,523.19
1,502.16

2012
0.75%
10.00%
10.83%
2.60%
0.03%

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

Dias

VA

#NAME?
#NAME?
#NAME?
#NAME?
36 $ 19,599,284.34
51 $ 34,010,722.13
Total CXC
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81
74,132,223.91
40,223,458.53
37,066,111.95
38,644,785.24
(0.00)

5.00%
10.25%
11.42%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

Flujo USD

#NAME?
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
TIR
TIR

Flujo Fondo

Flujo Prestamo

#NAME?
#NAME?
825,521,631.37
#NAME? ETV
#NAME? EAV

#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
-

Flujo Neto

#NAME?
#NAME?
(101,353,210.88)
(101,353,210.88)
(101,353,210.88)
(101,353,210.88)
(101,353,210.88)
825,521,631.37

EAV
EAV
EAV
EATV
EADV

Banco Mundialista
ETA
ESA
ESV
Semestres

Capital

Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente
Intereses

#NAME?
#NAME?
#NAME?
#NAME?
73,272,478.73 28,080,732.15
81,640,644.82 19,712,566.06
90,964,506.77 10,388,704.12
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 172,605,151.59
#NAME? 90,964,506.77
#NAME?
-

No Cuota
1
2
3
4
5
6
7
8
9
10

Banco Mundialista
13.00% NASA
6.50% EASA
4.29% EATA
4.48% EATV
10 Trimestres
4.50%
Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
### 30,163,965.17
#NAME?
#NAME?
#NAME?
### 31,521,343.61
#NAME?
#NAME?
#NAME?
### 32,939,804.07 13,159,509.66 46,099,313.73 276,036,006.70
### 34,422,095.25 11,756,578.90 46,178,674.15 241,613,911.44
### 35,971,089.54 10,290,516.25 46,261,605.79 205,642,821.91
### 37,589,788.57 8,758,480.78 46,348,269.35 168,053,033.34
### 39,281,329.05 7,157,503.72 46,438,832.78 128,771,704.28
### 41,048,988.86 5,484,482.69 46,533,471.55 87,722,715.42
### 42,896,193.36 3,736,175.72 46,632,369.08 44,826,522.06
### 44,826,522.06 1,909,194.93 46,735,716.99
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Descuento de Cartera

Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Rentabilidad
Rentabilidad

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

30% EA
6.78% ETV

Fecha

trimestres
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
3
4
5
6
7
8
9
10
11
12

Dias TRM

#NAME?
#NAME?
#NAME?
363.00
453.00
543.00
633.00
723.00
813.00
903.00
993.00
1,083.00
1,173.00

Valor TRM

$
$
$
$
$
$
$
$
$
$

#NAME?
#NAME?
#NAME?
1,702.42
1,678.91
1,655.73
1,632.86
1,610.31
1,588.08
1,566.15
1,544.52
1,523.19
1,502.16

2012
0.75%
10.00%
10.83%
2.60%
0.03%

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

Dias

VA

#NAME?
#NAME?
#NAME?
#NAME?
36 $ 19,599,284.34
51 $ 34,010,722.13
Total CXC
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81
74,132,223.91
40,223,458.53
37,066,111.95
38,644,785.24
(0.00)

5.00%
15.76%
18.71%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

Flujo USD

#NAME?
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
TIR
TIR

Flujo Fondo

Flujo Prestamo

#NAME?
#NAME?
825,521,631.37
#NAME? ETV
#NAME? EAV

#NAME?
#NAME?
#NAME?
###
###
###
###
###
###
###
###
-

Flujo Neto

#NAME?
#NAME?
(42,773,222.55)
(43,150,046.28)
(43,543,827.08)
(43,955,328.02)
(44,385,346.50)
(44,834,715.81)
(45,304,306.74)
(45,795,029.26)
(46,307,834.29)
825,521,631.37

EAV
EAV
EAV
EATV
EADV

Banco Mundialista
ETA
ESA
ESV
Semestres

Capital

Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente
Intereses

#NAME?
#NAME?
#NAME?
#NAME?
71,996,187.82 48,450,009.48
85,468,096.54 34,978,100.77
101,460,865.46 18,985,331.85
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 186,928,961.99
#NAME? 101,460,865.46
#NAME?
0.00

No Cuota
1
2
3
4
5
6
7
8
9
10

Banco Mundialista
13.00% NASA
6.50% EASA
3.20% EATA
3.30% EATV
10 Trimestres
4.50%
Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
### 30,163,965.17
#NAME?
#NAME?
#NAME?
### 31,521,343.61
#NAME?
#NAME?
#NAME?
### 32,939,804.07 10,210,242.21 43,150,046.28 276,036,006.70
### 34,422,095.25 9,121,731.83 43,543,827.08 241,613,911.44
### 35,971,089.54 7,984,238.48 43,955,328.02 205,642,821.91
### 37,589,788.57 6,795,557.93 44,385,346.50 168,053,033.34
### 39,281,329.05 5,553,386.75 44,834,715.81 128,771,704.28
### 41,048,988.86 4,255,317.87 45,304,306.74 87,722,715.42
### 42,896,193.36 2,898,835.90 45,795,029.26 44,826,522.06
### 44,826,522.06 1,481,312.23 46,307,834.29
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

Valor Emision
USD
Valor Compra
valor Compra
Valor Nominal
USD
Fecha Emision
Fecha Compra
Fecha Vencimiento
Tasa Cupon
FED
Spread

Ao
Tasa FED
Spread
Tasa FED + Spread
Tasa FED + Spread
Tasa FED + Spread

375,000.00
#NAME?
#NAME?
375,000.00
4/19/2010
7/19/2011
7/19/2014
EA
10% EA

2010
0.25%
10.00%
10.28%
2.48%
0.03%

Fecha Inicial
TRM Inicial

4/16/2011
1,800.63

Fecha Final
TRM Final

6/30/2011
1,780.16

Dias

2011
0.50%
10.00%
10.55%
2.54%
0.03%

#NAME?

Relacin Porcentual
Relacin Porcentual

-1.14% EA74DV
-0.02% EADV

Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad
Rentabilidad

25.00% NAMA
2.08% EAMA
6.38% EATA
6.82% EATV
0.07% EADV

Descuento de Cartera

Tasa Descuento
Tasa Descuento
fecha Compra
Factura

5.19% ETV
0.06% EDV
7/19/2011

Valor
Fecha Inicial
fecha Final
5351
15,000,000.00
6/13/2011
8/13/2011
5364
5,000,000.00
6/20/2011
8/20/2011
5388
20,000,000.00
6/25/2011
8/25/2011
5405
35,000,000.00
7/10/2011
9/10/2011

Valor Compra Bono

Valor CxC
Valor Prestamo

#NAME?
#NAME?
#NAME?

Banco de Los Pobres

Tasa
Tasa
Plazo

1.40% EMV
4.26% ETV
10 Trimestres

No Cuota

Fecha
1
2
3
4
5
6
7
8
9
10

Rentabilidad
Rentabilidad

Capital
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014

Intereses

#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 12,629,386.28
#NAME? 11,050,713.00
#NAME? 9,472,039.71
#NAME? 7,893,366.43
#NAME? 6,314,693.14
#NAME? 4,736,019.86
#NAME? 3,157,346.57
#NAME? 1,578,673.29
Total intereses
#NAME?

30% EA
6.78% ETV

Fecha

trimestres
7/19/2010
10/19/2010
1/19/2011
4/19/2011
7/19/2011
10/19/2011
1/19/2012
4/19/2012
7/19/2012
10/19/2012
1/19/2013
4/19/2013
7/19/2013
10/19/2013
1/19/2014
4/19/2014
7/19/2014

#NAME?
#NAME?
3
4
5
6
7
8
9
10
11
12

Dias TRM

#NAME?
#NAME?
#NAME?
363.00
453.00
543.00
633.00
723.00
813.00
903.00
993.00
1,083.00
1,173.00

Valor TRM

$
$
$
$
$
$
$
$
$
$

#NAME?
#NAME?
#NAME?
1,702.42
1,678.91
1,655.73
1,632.86
1,610.31
1,588.08
1,566.15
1,544.52
1,523.19
1,502.16

2012
0.75%
10.00%
10.83%
2.60%
0.03%

2013
1.50%
10.00%
11.65%
2.79%
0.03%

2014
1%
10.00%
11.10%
2.67%
0.03%

2015
2.50%
10.00%
12.75%
3.05%
0.03%

Dias

VA

#NAME?
#NAME?
#NAME?
#NAME?
36 $ 19,599,284.34
51 $ 34,010,722.13
Total CXC
#NAME?

Banco de la Alegria
Tasa
Tasa
Tasa
Plazo

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
49,695,498.24 259,462,783.68
48,116,824.95 222,396,671.73
46,538,151.67 185,330,559.77
44,959,478.38 148,264,447.82
43,380,805.10 111,198,335.86
41,802,131.81
74,132,223.91
40,223,458.53
37,066,111.95
38,644,785.24
(0.00)

5.00%
15.76%
18.71%
5

No Cuota

Fecha
1
2
3
4
5

7/19/2011
1/19/2012
7/19/2012
1/19/2013
7/19/2013
1/19/2014

Flujo USD

#NAME?
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
USD 0.00
#NAME?
TIR
TIR

Flujo Fondo

Flujo Prestamo

#NAME?
#NAME?
825,521,631.37
#NAME? ETV
#NAME? EAV

#NAME?
###
-

Flujo Neto

#NAME?
#NAME?
(653,392,278.03)
825,521,631.37

EAV
EAV
EAV
EATV
EADV

Banco Mundialista
ETA
ESA
ESV
Semestres

Capital

Tasa
Tasa
Tasa
Tasa
Plazo
Gradiente
Intereses

#NAME?
#NAME?
#NAME?
#NAME?
71,996,187.82 48,450,009.48
85,468,096.54 34,978,100.77
101,460,865.46 18,985,331.85
Total intereses
#NAME?

Cuota

Saldo Final
#NAME?
#NAME?
#NAME?
#NAME?
#NAME?
#NAME? 186,928,961.99
#NAME? 101,460,865.46
#NAME?
0.00

No Cuota
1
2
3
4
5
6
7
8
9
10

Banco Mundialista
13.00% NASA
6.50% EASA
4.29% EATA
4.48% EATV
10 Trimestres
4.50%
Fecha
Capital
Intereses
Cuota
Saldo Final
###
#NAME?
### 30,163,965.17
#NAME?
#NAME?
#NAME?
### 31,521,343.61
#NAME?
#NAME?
#NAME?
### 32,939,804.07 13,159,509.66 46,099,313.73 276,036,006.70
### 34,422,095.25 11,756,578.90 46,178,674.15 241,613,911.44
### 35,971,089.54 10,290,516.25 46,261,605.79 205,642,821.91
### 37,589,788.57 8,758,480.78 46,348,269.35 168,053,033.34
### 39,281,329.05 7,157,503.72 46,438,832.78 128,771,704.28
### 41,048,988.86 5,484,482.69 46,533,471.55 87,722,715.42
### 42,896,193.36 3,736,175.72 46,632,369.08 44,826,522.06
### 44,826,522.06 1,909,194.93 46,735,716.99
Total intereses
#NAME?

Banco Mundialista

Tasa
Tasa
Tasa
Plazo

23% NA45DV
2.9% EA45DV
5.83% EATV
10 Trimestres

No Cuota Fecha
Capital
Intereses
Cuota
###
1
###
2
###
3
###
4
###
5
###
6
###
7
###
8
###
9
###
10
###
#NAME?
#NAME? 653,392,278.03
Total intereses
#NAME?

Saldo Final
#NAME?
#NAME?
#NAME?
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
370,661,119.55
-

BONO + PRESTAMO
Alternativa
TIR ETV
Banco de Pobres #NAME?
Banco de la Alegria#NAME?
Banco Mundialista #NAME?
Banco Financiero #NAME?

TIR EAV
#NAME?
#NAME?
#NAME?
#NAME?

FONDO + PRESTAMO
Alternativa
Banco de Pobres
Banco de la Alegria
Banco Mundialista
Banco Financiero
FONDO

Rta/: En este caso sigue siendo mas rentable pedir un prestamo e

invertir en el Bono que Pedir un prestamo e Invertir en el Fondo,
an si solo invirtiera en el fondo lo que percibe por el descuento
de la cartera, esta rentabilidad sigue siendo menor que la que se
genera si se solicita un prestamo con el banco Mundialista y se
compra el bono.

ONDO + PRESTAMO
TIR ETV
#NAME?
#NAME?
#NAME?
#NAME?

TIR EAV
#NAME?
#NAME?
#NAME?
#NAME?

FONDO
TIR ETV TIR EAV
#NAME? #NAME?