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Zapopan mimics Monterrey in Mexico muni market

The Mexican city of Zapopan priced a Ps147 million (US $14.7 million) bond at a floating 90 basis points over 182-day Cetes, the government's benchmark Treasurys. The yield jibed with official price talk and matched results for a Ps168 million (US$16.8 million) bond that municipal cohort Monterrey issued the...

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