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Inbursa Eyes Second Local Bond

Dec 21, 2011

Mexico’s Banco Inbursa is considering issuing an additional MXP2bn ($145m) in 2-year floating-rate notes in the domestic market next week, in addition to the MXP3bn sale scheduled...

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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."

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