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Fovissste Brings RMBS Through Guidance

Jul 8, 2010

Mexico’s Fovissste has priced MXP6.00bn in a local UDI-denominated RMBS issue at par to yield 5.04%, or 292bp over Udibonos, according to a banker on it. This was through 5.05%-5.15% fixed real rate guidance and tight to its last issue in...

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

Jan Dehn, Ashmore Investment Management