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Mexican RMBS Springs to Life

Dec 2, 2008

Given long odds of putting out another issue this year, the Mexican RMBS market is showing faint signs of life. Su Casita – a securitizer that needs to issue to survive – has leaned on Sociedad Hipoteca Federal to place MXP1.65bn in 2035 RMBS....

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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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