Mexico cuts second quarter debt issuance by 17.4 bln pesos

April 29, 2016 2:57 PM

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MEXICO CITY, April 29 Mexico's finance ministry on Friday said it would reduce debt issuance by 17.4 billion pesos ($1.02 billion) in the second quarter after announcing plans to cut its overall program for this year.

The ministry said it would reduce issuance of 3-year fixed-rate bonds by 1.5 billion pesos in each auction this quarter.

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