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Mexican States & Munis: Not a Hard Sell: But risks in the sector aren't tough to find

It's taken a while for the pull-back in bank lending across the globe to hit Mexico's states and municipalities. Sub-sovereigns in the country have been fairly active in taking on asset-backed loans this year, with the state of Nayarit closing a Ps1 billion ($93 million) deal as recently as a...

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