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Banca Mifel Targets 10%

May 10, 2012

Banca Mifel is set to price a $150m-$200m Tier 2 subordinated 10-year bond as soon as today, after giving 10%-area guidance. The Mexican commercial bank...

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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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