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Banamex Plans Debt CCD

Dec 13, 2011

Banamex has filed for a new certificado de capital de desarrollo (CCD) issuance in the Mexican market, but with a twist. Unlike most CCDs, this fund will invest in debt rather than private equity, with the idea of providing the Afores with a broader –...

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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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