América Móvil cuts coupon to print Swissie record-breaker
América Móvil achieved its lowest ever coupon — and the lowest of all single-A rated Swiss franc bonds printed this year — when it issued a Sfr250m ($256.1m) 1.125% six year note on Wednesday. The deal followed a string of issues in core currencies from the borrower in July.
The positive market sentiment dominating markets at the moment has been conducive to a wide array of Swiss franc transactions of late from supranational and agencies, to corporates as well as financials printing senior unsecured products once shunned by investors.
"It is still quiet in terms of negative
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