Mexico Says Basta to Subasta

Mexico Says Basta to Subasta

Mexico

Mexico’s central bank refused to pay what investors offered for up to MXP15bn in off-the-run government bonds at auction Tuesday, electing not to buy any. Investors offered to sell MXP8.6bn in 8% of 2013 bonds at MXP97.3-MXP98.4. They offered MXP103.

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