Brazil and Mexico, Latin America’s largest economies, are taking advantage of near record-low borrowing costs and are planning the year’s first emerging-market sovereign debt sales.
Mexico seeks to issue $2 billion worth of 10-year bonds overseas. Mexico may sell the notes at a spread of about 175 basis points (a 1.75 percent gain) while Brazil may pay 150 basis points more than similar-maturity U.S. Treasuries.
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