Economy

Mexico prepares for government debt purchases and auctions on Friday

Mexico prepares for government debt purchases and auctions on Friday

The Bank of Mexico said on Wednesday that Mexico will hold two auctions on Friday, one for buying and one for offering government securities.Banxico), which seeks to improve the image of local religion.

The central bank will launch an auction for the first time on Friday to buy Bonos and Udibonos with maturities ranging from 149 to 8794 days.

Immediately after that, it will be presented to the participants Rewards s Udibonos With maturities of 1,514 to 11,251 days, the monetary entity said in a statement.

In either case, the maximum total amount that will be allocated will depend on the bids received in the first transaction. The bond liquidation date will be Tuesday, October 11th.

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