Mexico euro double completes funding but yen considered

Enrique Peña Nieto
By Oliver West
03 Apr 2014

Bond investors showed no sign of losing faith in Mexico’s reform programme as the sovereign attracted 413 investors to Tuesday’s €2bn dual tranche bond issue — more than the country has had in any international bond before.

While analysts are looking for the reasons for Mexico’s lacklustre economic growth in 2013, its capital markets activity suggests bond investors are willing to bet on the long term.

Issues in dollars, sterling and now euros mean Mexico had covered its 2014 external financing needs by the second ...

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