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| Finished houses and continuing construction in the Real del Sol low cost housing subdivision 20 miles north of Mexico City. |
Armando Guzman Gonzales, director general of Mexican sofol (mortgage provider) Metrofinanciera, thinks that the mortgage-backed securitization (MBS) market in Mexico is at an exciting stage in its recent rapid development. The growing number of investors keen to participate in this growth story will be pleased to hear that Metrofinanciera is planning to bring to market more global bonds this year, after the relatively good performance of its $75 million perp non-call 10-year deal this April.
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