Mexico prepares for Samurai sale
Mexico is expected to sell its first Samurai bond of the year later this month, following a recent roadshow. The Samurai market was able to avoid the recent rates volatility that dollars and euros were subject to and now more issuers are looking at the possibility of trades in that format.
Daiwa, Mizuho and Nomura have been mandated to lead manage the sale of the bonds, although no official announcements have been made.
“The issuer has roadshowed recently and is looking for opportunities in the market,” said a DCM banker in London.
Other emerging market issuers have also been active
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