Monday, June 6, 2011

Foreign investors flock to Mexico's bond market; Record $21 million invested

Foreign investors are flocking to Mexico's bond market in record numbers, thanks to a stronger Mexican peso. From September 2010 to March 2011, international investors bought $21 million in debt.

In a May 10 interview, Mexican President Felipe Calderon said that he was "very comfortable" with the gains in the peso.

As the second largest Latin American country behind Brazil, Mexico is the only country that hasn't raised rates this year.
Publish Post

No comments:

Post a Comment