Inbursa to issue US$496mn in bonds next week - report

- Thursday, February 17, 2011

Inbursa to issue US$496mn in bonds next week - report

Mexico's Banco Inbursa will seek to issue 6bn pesos (US$496mn) worth of two-year bonds next week.

The issue will be linked to the local TIIE interest rate, according to a report from market intelligence services IFR.

Inbursa last issued bonds in December, when an issue with 5bn pesos was oversubscribed by 1.47 times, according to the report.

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