Demand drives $3bn Mexico bond deal at record rate

08/09/16 Financial Times 

pesomexicanoMexico sold nearly $3bn of debt on Monday at record low rates, as emerging market portfolio managers seek to put billions of dollars that have flowed into the asset class to work.

Orders for the two-part US dollar bond deal surpassed $9bn as Mexico readied to refinance debts coming due early next year with lower cost paper, according to four people familiar with sale

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