Mexican local market demand stays hot for Inbursa bond sale

Mexican local market demand stays hot for Inbursa bond sale

Bonds

Banco Inbursa sold a MXN6.5bn ($490m) floating rate note on Friday, another heavily-subscribed bond transaction in Mexico’s local market. The 3.7-year floating rate note was priced at 25bp over the TIIE, at the tight end of the 25bp to 27bp spread gu

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