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Latinnews Daily - 05 January 2018

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In brief: Mexico

* The finance ministry (SHCP) has reported that it has successfully issued US$3.2bn in new 10-year bonds in international markets. A SHCP statement said that the new bonds maturing in 2028 and offering a yield of 4.69% were 4.7 times oversubscribed, highlighting the appetite for Mexican bonds amongst foreign investors. According to the SHCP, the funds raised by the new bond issue will be used to finance the 2018 national budget and to service some of the country’s public debt.