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Infonavit Brings Private RMBS Placement

Oct 24, 2008

Infoanvit has sold MXP3.65bn in UDI-denominated 2030 RMBS in a private placement, circumventing hostile public market conditions. The federal housing fund priced a MXN1.95bn tranche at 5.4%, and...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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