MXN fall a chance for dollar bond sales, says fund manager

MXN fall a chance for dollar bond sales, says fund manager

Mexican companies will tap the dollar-denominated bond market in greater numbers next year in a bet on a reversal of the peso’s fall, Fernando Castro, head of brokerage firm GBM’s bond fund told LatinFinance. “I think that for Mexican companies it’s a good opportunity to issue in dollars,” he told LatinFinance on Monday. “Now it’s a little bit difficult, because there is little liquidity, but I think that next year there will be a lot of Mexican companies issuing in dollars.” This year, the Mexi

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