MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

MNI BRIEF: China’s April Loan Prime Rate Unchanged

CHINA SETS YUAN CENTRAL PARITY AT 7.1043 MON VS 7.1046

MNI China Daily Summary: Friday, April 19

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

July Inflation Data Due, Finance Ministry Issues $2.2Bn In New Debt

MEXICO
  • Mexico’s national statistics institute releases inflation data for July. Headline inflation likely rose to 8.14% from 7.99% in June.
  • Non-processed food prices remain under upward pressure from supply shocks. Fuel prices have started to moderate, with the downside limited by unwinding government subsidies.
  • Core prices are increasing due to the spillover from supply shocks, price indexation and global shortages.
  • Data is due at 1200BST/0700ET:
    • July CPI M/m, est. 0.73%, prior 0.84%
    • July CPI Y/y, est. 8.14%, prior 7.99%
    • July CPI Core M/m, est. 0.58%, prior 0.77%
    • July CPI Core Y/y, est. 7.61%, prior 7.49%
  • Mexico’s Finance Ministry said in a press released it issued $2.2b in a new sustainable 10-year bond.
  • The sovereign priced on Monday $1.8 billion of sustainable bonds maturing in May 2033 at 235 basis points over Treasuries. Proceeds from the debt sale will be used to buy back a dollar note due January 2025, according to the statement.
  • Mexico also raised $400 million from a liability management exercise.
    • Issuance demand was $6.99b, representing 3.2 times amount issued.
    • 233 global investors participated in auction.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.