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FGIC-wrapped Deals Fall From Mexican Triple-A

Moody's Investors Service last week downgraded domestic deals in Mexico wrapped by FGIC to Aa3.mx' from Aaa.mx.' While the agency had downgraded monoline-wrapped emerging-market deals on its global currency scale before last week, this move marked the first time Moody's lowered the rating on wrapped deals on Mexico's national...

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