Bladex sells bond in Mexican market

Bladex sells bond in Mexican market

Bonds

Panama-based supranational lender Banco Latinoamericano de Comercio Exterior (Bladex) has issued a MXN2bn ($154m) 2018 bond in Mexico’s local market. Lead managers BBVA and HSBC priced the bond at 38bp over the TIIE, tight to expectations of about 45bp over the TIIE, LatinFinance understands. Demand was heard to have topped MXN10bn, with banks, mutual funds and private banking making up much of the investor base. “Mexico is one of the markets where we expect our growth to focus,” said Eduardo Vi

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