Report title: Mexican Municipalities: Benchmark Rate Reductions Easing Borrowing Costs, But Market Challenges Remain
from Moody's Global Credit Research
9 page (3958 word) report published Oct 27, 2009

Price $550.00 available for immediate download
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About Moody's Global Credit Research

...Since the peak of the global financial crisis in September 2008, Mexican municipal sector lenders have been demanding larger risk premiums across rating levels. During the initial period of financial turbulence, the Central Bank of Mexico (CBM) did not pursue the same course of action as many other central banks, increasing its benchmark rate in the 3...

Report Type: Special Comment
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