March 20, 2020 / 10:55 PM / 17 days ago

BRIEF-Fitch Says Mexico's Increasing Unemployment Rate A Negative For Structured Finance

March 20 (Reuters) -

* FITCH SAYS MEXICO’S INCREASING UNEMPLOYMENT RATE A NEGATIVE FOR STRUCTURED FINANCE

* FITCH SAYS CORONAVIRUS WILL COMPOUND ALREADY WEAKENING ECONOMIC CONDITIONS IN MEXICO AND FURTHER STRESS ABS AND RMBS COLLATERAL PERFORMANCE

* FITCH SAYS REVISED ITS 2020 GDP GROWTH FORECAST FOR MEXICO TO 0% FROM 1% Source text for Eikon: Further company coverage: [ ]

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