Proactive Mexico notches flat concession on euro return
Remarkable funding conditions drove Mexico to the euro market on Tuesday just a week after it issued in dollars as a bulging order book again suggested that investor fears over the government’s management of the economy have subsided.
In the first Latin American euro trade of 2020, Mexico attracted some €6.6bn of orders for a proposed 10 year benchmark and reopening of its 2039s, allowing it to raise €1.75bn in total and compress pricing to a new issue concession of near zero.“Both tranches priced practically flat ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org