Mexico bonds flat on S&P negative outlook

Oliver West

August 24, 2016 06:30 am

Mexico dancing — Students perform during a parade marking the 100 anniversary of the Mexican Revolution in Monterrey, Mexico, Saturday Nov. 20, 2010. Mexico marks 100 years since the seven-year conflict began on Nov. 20, 1910 that saw peasant armies led by heroes Emiliano Zapata and Pancho Villa topple the dictatorship of Porfirio Diaz. (AP Photo/Carlos Jasso) | Carlos Jasso/AP/Press Association Images

Standard & Poor’s said on Tuesday that there was at least a one-in-three chance of Mexico receiving a downgrade to its BBB+ rating within the next two years, although bond markets showed no reaction to the announcement.

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Topics

Americas LatAm Bonds Emerging Markets LatAm Mexico Central America Latin America

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Oliver West

US Bureau Chief - Latin America Editor