Mexico may stay away from bond market for rest of year

Mexico may stay away from bond market for rest of year

Corporate & Sovereign Strategy Capital Markets Debt Bonds Economy & Policy Fixed Income Mexico

Mexico is expected to stay away from the bond market for the rest of the year, following a $3.46bn buyback on July 24, LatinFinance has heard. "This was the largest liability management exercise that Mexico has done in at least the last five years," said a source familiar with the deal. "They typically do one or two of these exercises per year, but given the scale of this transaction, I don't expect them to do anymore this year." After issuing $2.1bn in new 30-year notes and adding $1.46bn to

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