Heavy demand pushes Fovissste RMBS tighter

Heavy demand pushes Fovissste RMBS tighter

Bonds Structured Finance

Mexican government housing lender Fovissste tightened pricing sharply on its MXN5.4bn ($418m) domestic RMBS sale on Wednesday, LatinFinance understands. The 30-year UDI-denominated bond was priced at 2.97%, or 147bp over Udibonos, below price talk of

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