Fovissste Places RMBS

Fovissste Places RMBS

Structured Finance

Mexican mortgage lender Fovissste has sold MXP5bn equivalent in domestic RMBS. The 2039 UDI-denominated bonds pay a fixed rate of 5.4%. Banorte, Ixe and BofA-Merrill Lynch managed the deal, rated AAA on a national scale, with Goldman Sachs as structu

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