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Mexico's Infonavit closes third domestic RMBS

Mexico's largest mortgage originator, Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Infonavit), closed its third RMBS on July 15. Sized at Ps1.16 billion ($109 million), the transaction with a twenty year final priced at an inflation-indexed 5.939%, a spread of 122 basis points over a five-year...

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