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Consubanco places debt worth 1.00B Mexican pesos

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Consubanco places debt worth 1.00B Mexican pesos

Consubanco SA Institución de Banca Múltiple placed debt worth 1.00 billion in Mexican pesos, according to a regulatory filing dated March 27.

The three-year CEBURE CSBANCO18 yield at a rate determined by the 28-day TIIE benchmark rate with a surcharge of 1.50 percentage points. The rate applicable in the first interest period was set at 9.34%.

As of March 27, US$1 was equivalent to 18.35 Mexican pesos.