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Mexico Adds Yen to Funding Arsenal

Dec 13, 2009

Mexico wants to fund more in yen after selling JPY150bn ($1.7bn) in 2019 bonds to Japanese institutional investors through its first Samurai in nearly 10 years. “We want to reestablish our presence in the Japanese market,” says Gerardo Rodriguez, Mexico’s deputy undersecretary for public credit. “We are looking forward to consolidation of more...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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