Edition:
India

Abraham Gonzalez

Mexico's central bank has room to cut rates; How low will it go?

02 Oct 2019

MEXICO CITY, Oct 1 Faced with weak economic growth and cooling inflation, Mexico's central bank has all the tools to keep cutting rates in 2020. The question now is how far the bank will go, analysts say.

Losing the edge: Mexican leftist's risk levels near Brazilian rightwinger

26 Sep 2019

MEXICO CITY The risks of betting on Mexico, with its staunchly leftist government, and Brazil, which is run by a hard-right administration, are more even now than they have been for six years - according to traders in credit default swaps (CDS).

Mexico's Pemex offers to prepay chunk of $14.7 billion in bonds

13 Sep 2019

MEXICO CITY Mexico's Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm.

UPDATE 3-Mexico's Pemex offers to prepay chunk of $14.7 bln in bonds

13 Sep 2019

MEXICO CITY, Sept 12 Mexico's Pemex said on Thursday it had launched a tender offer to prepay around a third of $14.7 billion in bonds maturing between 2020-2023, in President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm.

Mexico's Pemex launches offer to prepay up to $14.7 billion of bonds

13 Sep 2019

MEXICO CITY Mexico's Pemex said on Thursday it had launched a tender offer to prepay up to $14.7 billion of its bonds, in the largest financial operation to shore up the state oil firm since President Andres Manuel Lopez Obrador took office.

Mexico's peso seen remaining attractive even with more rate cuts

04 Sep 2019

MEXICO CITY, Sept 3 As central banks across the globe cut interest rates, Mexico's policymakers still have room to lower borrowing costs by as much as 100 basis points before the peso becomes less attractive than other currencies, fund managers and financial analysts say.

As Mexico's economic prospects dim, pension funds pile into bonds

06 Aug 2019

MEXICO CITY Dimming prospects for economic growth in Mexico are prompting local pension funds to shift their $194 billion holdings faster than ever to what they see as a safe bet: government bonds.

RPT-'I've got other numbers!' Debate rages over recession in Mexico

23 Jul 2019

MEXICO CITY, July 22 Mexico's economy, the 2nd largest in Latin America, has hit a rough patch, weighed down by dwindling business confidence and an industrial slump.

'I've got other numbers!' Debate rages over recession in Mexico

23 Jul 2019

MEXICO CITY Mexico's economy, the 2nd largest in Latin America, has hit a rough patch, weighed down by dwindling business confidence and an industrial slump.

Mexico recession would hasten annual ratings review, S&P warns

20 Jul 2019

MEXICO CITY Ratings agency Standard & Poor's could accelerate its annual review of Mexico's sovereign bonds and state oil company Pemex if the economy enters a recession and growth estimates fall for 2020, an S&P analyst said on Friday.

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