Friday, June 30, 2006

Mexico May Issue 30-Year Bond After Elections




Mexico expects market conditions after Sunday’s presidential elections to be calm enough to allow it to sell 30-year government bonds, according to Finance Minister Francisco Gil Diaz.
At a press conference ahead of the weekend he said Mexico’s fiscal and economic conditions are stable and there is no danger of any market wobbles. Up until President Vicente Fox’s win in 2000, the previous three presidential elections were marked by economic crises.


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