Crédito y Casa to Reopen Borhis Issue

Mexican finance company Crédito y Casa is to reopen its residential mortgage-backed securities (Borhis) issue for a second time. It reopened the issue in March to sell 183 UDIs of the inflation-linked paper. This time around the finance company is looking to raise 234 UFIs to take the total outstanding in the market to $309 million (896 UFIs). The securities mature in March 2034 and yield 4.78% and 6.45% respectively.