It was reported yesterday that investor interest in Mexican government bills is jumping from a 16-month low due to speculation that a rebound in the U.S. economy will cause a rise in the peso.
The central bank said on its website that Cetes, as the 91-day securities are known, drew bids of 24.6 billion pesos ($2.1 billion), or 3.8 times the 6.5 billion pesos offered in yesterday’s auction.
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