Mexican Infonavit To Issue 1 Billion Pesos MBS

State-owned agency Infonavit, Mexico’s largest home financing company, has announced it will issue up to 1 billion pesos ($94.7 million) of mortgage-backed securities (MBS) next week. The non-profit lender plans to issue around 6 billion pesos of MBS next year, up from about 4 billion this year.