Investors Jump into Infonavit Mortgage Pool

Jun 2, 2011

Infonavit’s MXP3.85bn ($330m) RMBS was almost two times oversubscribed, after the Mexican government-run lender shrank its proposed issuance. The 2039 bond priced with a 4.75% coupon, to yield Udibonos+216bp, inside of 220bp guidance, according to a banker on the deal. “This is...

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