Dim Hopes for Mexican ABS Return

Dim Hopes for Mexican ABS Return

Mexico Structured Finance

While Mexico's local debt markets show signs of life, bankers and investors foresee a slow return of structured debt transactions to pre-crisis levels. "I'm completely sure that we will see new ABS deals in the near future and also some RMBS that aren't from government-backed issuers," says Ricardo Cano, head of DCM at BBVA Bancomer. However events in the last 2 years have taught investors important lessons. "We're going to see a divergence between ABS issuers this year – some will be able

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