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Emerging MarketsEM LatAm

Móvil euro fours move tighter, pesos planned for next week

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América Móvil closed a rare four year euro deal this week, but the low coupon and unusual tenor had little impact on appetite, said bankers on the deal. They priced the notes 3bp-4bp back of fair value and saw them 3bp-4bp tighter in the secondary market on Thursday morning.

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