DF Brings MXP1.77bn 5-Year

DF Brings MXP1.77bn 5-Year

Mexico Bonds

Mexico City’s government has raised MXP1.77bn ($128m) through a sale of a domestic bond. The 5-year floating rate notes priced at TIIE+30bp, flat to talk and tight to quasi-sovereign CFE’s MXP1.358bn 4-year notes that came last week at TIIE+35bp. Deutsche Bank managed the sale, rated AAA on a national scale. This bond represents the sixth issuance under Mexico City mayor Marcelo Ebrard’s administration. Demand topped MXP2.5bn with participation coming from mutual funds, private banking, Afores,

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