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AMLO Backs Key Judge Post Extension, Banxico Auction Announced

MEXICO
  • AMLO also announced his backing for extending the term of the Supreme court chief Arturo Zaldivar, who is seen as his ally, after senators unexpectedly voted in favour of giving the chief judge two more years in the job on Thursday.
    • AMLO said that this would help guarantee a needed reform of the court system.
    • Some opposition lawmakers and human rights groups say this would violate the constitution.
  • Mexico's central bank will offer 20b pesos of Cetes in an extraordinary auction April 21, according to an online announcement.
    • Bank to offer 182-, 294-, 350- and 532-day Cetes
    • Half hour auction to start at 10:30am Mexico City time.

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