Scotia Preps Mexican MBS

Scotiabank Inverlat has registered to sell MXP2.5bn in 2028 RBMS. The AAA locally rated fixed-rate notes are expected to price March 13 at the earliest. The issue is the first from a MXP10bn shelf. The pool of 2,750 mortgages originated by Scotia comes from throughout Mexico, with just over one-third from DF. Scotia’s own capital markets group is managing the sale.