MARKETS
The FTSE-BIVA index closed on June 1 at 1,093.75 down from its May 25 close at 1,1143.32.
The MXN/USD exchange rate closed at 17.55 pesos to the dollar on May 25 from its close of 17.85 pesos on May 25.
The Mexican 10-year bond (2031) closed on Thursday with a yield at 8.80% up slightly from a yield of 8.99% on May 25.
The FTSE-BIVA Top Stock Gainers for the week were: VOLARIS (+7.76%), VESTA (+6.37%) and SITES (+6.30%) and the Biggest Losers were: AXTEL (-15.18%), ALPEK (-6.81%) and OHLA (-6.12%).
CORPORATE & MARKET NEWS
Bimbo announced that it would raise 15 billion pesos through two long-term bonds on the Mexican Stock Exchange. The primary offering will be for up to 12 billion pesos for 10 years with an annual fixed interest rate of 9.24% plus another allotment of 3 billion pesos for three years for TIIE plus 10bps.
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