Bonos Titulizados

Importe 64,300,000.00

BONOS TITULIZADOS
Plazo 8 semestres
Tasa de interes 6.00% anual
3.00% semestral
Alquiler semestral 10,200,000.00 semestral
Costo de emisión 125,000.00 t=0
Gastos oferta pública fija 10,000.00 t=0
Gastos oferta pública variable 0.19% t=0
Gastos mantenimiento fijo 35,500.00 semestral
Gastos mantenimiento variable 0.06% semestral
Cobro del fiduciario 60,000.00 t=0, semestral
Rendimiento sobre excedentes 3.00% anual 1
garantizado 1.49% semestral 2

Fideicomitente 0 1 2
Capital 64,300,000.00
Costo de emisión (125,000.00)
Gastos oferta pública fija (10,000.00)
Gastos oferta pública variable (120,562.50)
Saldo final 9,096,543.26 8,976,871.67
Alquiler semestral (10,200,000.00) (10,200,000.00)
Flujo del fideicomitente 64,044,437.50 (1,103,456.74) (1,223,128.33)

Costo efectivo 2.40% semestral

Costo efectivo 4.86% anual

Inversionista - Fideicomisario 0 1 2
Capital (64,300,000.00)
Intereses 1,929,000.00 1,929,000.00
Flujo del Inversionista (64,300,000.00) 1,929,000.00 1,929,000.00

YTM (Rendimiento) 3.00% semestral

YTM (Rendimiento) 6.09% anual

Fideicomiso 0 1 2
Capital 64,300,000.00
Transferencia al fideicomitente (64,300,000.00)
Alquiler semestral 10,200,000.00 10,200,000.00
Cobro fiduciario (60,000.00) (60,000.00)
Gastos mantenimiento fijo (35,500.00) (35,500.00)
Gastos mantenimiento variable (36,329.50) (36,329.50)
Interés 957,372.76 837,701.17
Intereses (1,929,000.00) (1,929,000.00)
Saldo - 9,096,543.26 8,976,871.67

Saldo Inicial - 9,096,543.26

Excedente de caja 9,096,543.26 8,976,871.67
Rentabilidad saldo inicial - 135,439.86
Saldo final 9,096,543.26 18,208,854.79

Fondo de garantia 0 1 2
Capital 64,300,000.00
-
Amortización 8,037,500.00 8,037,500.00
Interés 957,372.76 837,701.17
Saldo 56,262,500.00 48,225,000.00
S TITULIZADOS

3 4 5 6 7

8,857,200.07 8,737,528.48 8,617,856.88 8,498,185.29 8,378,513.69

(10,200,000.00) (10,200,000.00) (10,200,000.00) (10,200,000.00) (10,200,000.00)
(1,342,799.93) (1,462,471.52) (1,582,143.12) (1,701,814.71) (1,821,486.31)

3 4 5 6 7
-
1,929,000.00 1,929,000.00 1,929,000.00 1,929,000.00 1,929,000.00
1,929,000.00 1,929,000.00 1,929,000.00 1,929,000.00 1,929,000.00

3 4 5 6 7
-

10,200,000.00 10,200,000.00 10,200,000.00 10,200,000.00 10,200,000.00

 (60,000.00) (60,000.00) (60,000.00) (60,000.00) (60,000.00)
(35,500.00) (35,500.00) (35,500.00) (35,500.00) (35,500.00)
(36,329.50) (36,329.50) (36,329.50) (36,329.50) (36,329.50)
718,029.57 598,357.98 478,686.38 359,014.79 239,343.19
(1,929,000.00) (1,929,000.00) (1,929,000.00) (1,929,000.00) (1,929,000.00)
8,857,200.07 8,737,528.48 8,617,856.88 8,498,185.29 8,378,513.69

18,208,854.79 27,337,169.35 36,481,725.22 45,642,764.22 54,820,531.76

8,857,200.07 8,737,528.48 8,617,856.88 8,498,185.29 8,378,513.69
271,114.49 407,027.39 543,182.12 679,582.26 816,231.48
27,337,169.35 36,481,725.22 45,642,764.22 54,820,531.76 64,015,276.93

3 4 5 6 7

8,037,500.00 8,037,500.00 8,037,500.00 8,037,500.00 8,037,500.00

718,029.57 598,357.98 478,686.38 359,014.79 239,343.19
40,187,500.00 32,150,000.00 24,112,500.00 16,075,000.00 8,037,500.00
 8

(56,041,157.90)
(10,200,000.00)
(66,241,157.90)

8
64,300,000.00
1,929,000.00
66,229,000.00

8
(64,300,000.00)

10,200,000.00
 (60,000.00)
(35,500.00)
(36,329.50)
119,671.60
(1,929,000.00)
(56,041,157.90) (12,951,873)

64,015,276.93
(56,041,157.90)
953,133.48 3,399,157
8,927,252.51 (9,552,717)

8,037,500.00
119,671.60
-
Datos

Préstamo 64,400,000.00
Plazo 4 años 8 semestres
Tipo Amortizable
Cuotas iguales
TEA 10.00% anual
Periocidad Semestral
Comisión 0.35% sobre el importe de préstamo
Gastos varios 130,000.00
Portes y gastos 20.00 semestral
Garantías Inmueble

TEA 10.00% 1
TES 4.88% 2

Operación

0 1 2 3 4 5 6
Saldo deudor 64,400,000.00 57,627,128.16 50,523,680.24 43,073,521.21 35,259,728.51 27,064,553.58 18,469,381.60
Cuota 9,916,161.66 9,916,161.66 9,916,161.66 9,916,161.66 9,916,161.66 9,916,161.66
Interes 3,143,289.82 2,812,713.75 2,466,002.64 2,102,368.96 1,720,986.74 1,320,989.69
Amortización 6,772,871.84 7,103,447.92 7,450,159.03 7,813,792.71 8,195,174.93 8,595,171.98

0 1 2 3 4 5 6
Préstamo 64,400,000.00
Amortización -6,772,871.84 -7,103,447.92 -7,450,159.03 -7,813,792.71 -8,195,174.93 -8,595,171.98
Interes -3,143,289.82 -2,812,713.75 -2,466,002.64 -2,102,368.96 -1,720,986.74 -1,320,989.69
Comisión -225,400.00
Gastos varios -130,000.00 -130,000.00 -130,000.00
Portes y gastos -20.00 -20.00 -20.00 -20.00 -20.00 -20.00
Flujo de caja de 64,174,600.00 -9,916,181.66 -10,046,181.66 -9,916,181.66 -10,046,181.66 -9,916,181.66 -10,046,181.66
TCES 5.13%
64,174,600.00 -9,432,727.49 -9,090,476.62 -8,535,381.06 -8,225,688.92 -7,723,400.25 -7,443,169.49
0.00

Resultado

TCES 5.13% 2
TCEA 10.51% 1
 7 8
9,454,689.18 0.00
9,916,161.66 9,916,161.66
901,469.24 461,472.49
9,014,692.42 9,454,689.18

7 8

-9,014,692.42 -9,454,689.18
-901,469.24 -461,472.49

-130,000.00
-20.00 -20.00
-9,916,181.66 -10,046,181.66

-6,988,664.13 -6,735,092.04
 BONO PB
TCEA 4.86% 10.51%