Mexico Adds Yen to Funding Arsenal

Mexico Adds Yen to Funding Arsenal

Mexico

Mexico wants to fund more in yen after selling JPY150bn ($1.7bn) in 2019 bonds to Japanese institutional investors through its first Samurai in nearly 10 years. “We want to reestablish our presence in the Japanese market,” says Gerardo Rodriguez, Mexico’s deputy undersecretary for public credit. “We are looking forward to consolidation of more benign conditions that would allow us to issue in the yen market on a non-guaranteed basis,” he tells LatinFinance. The sovereign used a 95% JBIC guarante

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