Monday, July 9, 2007

Mexican Bonds Gain After Annual Inflation Rose Less Than Expected in June

(Bloomberg) -- Mexican local-currency bonds gained
for the first time in four days after a government report showed
consumer prices rose last month less than forecast.

The yield on the 10 percent bond due in November 2036 fell
1 basis point, or 0.01 percentage point, to 7.74 percent. The
price, which moves inversely to the yield, rose 0.2 centavo to
126.22 centavos per peso, according to Santander.


Read more at Bloomberg Bonds News

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