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Pemex Eyes Domestic Bond Issue

Jul 9, 2007

Pemex has $1bn-$2bn in funding needs for this year, roughly half of which will come from export credit agencies (ECAs). It already has lines with Eximbank, JBIC and European ECAs. With pre-funding for 2008, the market target...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management