AFP chilenas acumulan pérdidas por US$7.700 millones en apuestas a tasas de EE.UU.
4 collected articles · Economy · the latest at 01:41
The administrators must unwind derivative contracts before November 4 and pay Wall Street banks, with Fund E the hardest hit.
Chronology
Wednesday, October 14, 2026
Thursday, October 15, 2026
- AFP Fund E falls 10.39% in real terms in 2026, with Modelo posting the largest lossAll seven AFPs are in the red in the most conservative fund, and Superintendent Joaquín Cortez expressed concern about the results.
- Pension fund managers go from US$1,400 million gain to US$7,700 million loss on U.S. betsSwaps betting on lower U.S. interest rates hit Fund E, which is down 10.4% this year, while economists disagree on the scale.
- Parisi calls on Kast to act over pension fund losses linked to interest rate swapsThe PDG leader alleged speculation involving U.S. interest rate derivatives and called for sanctions at pension fund administrators and the Superintendency of Pensions.