March 13, 2020
Mexico's Finance Ministry said on Thursday that it has cut back on planned local bond offerings, due to ongoing volatility in the international financial markets.
"While the increased volatility in the international markets has been absorbed in an orderly manner in the local debt market, given the change in conditions in the financial markets, [the ministry] is looking to contribute to preserving the orderly function of the market," the Finance Ministry said in a statement.
Starting with the nex
Finance Ministry cuts Mbono and Udibono offers in volatile debt market