Mexico plants DCM flag with ultra-long sterling

Mexico plants DCM flag with ultra-long sterling

Mexico further underscored its confidence in debt markets on Wednesday when it raised £1bn from the sale of a 100-year bond, only the second ever to have been sold in sterling. The deal drew heavy demand, predominantly from UK institutional investors — a buyer base typically attracted to long-dated paper, a tendency bankers say has intensified over the past year. Books closed with close to £2.5bn of orders from over 150 accounts, LatinFinance understands. Lead managers Barclays and Goldman

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