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Correction: America Movil Breaks Mexico Ice
A March 3 Daily Brief entitled “America Movil Breaks Mexico Ice” incorrectly states the price at the long end. The company priced a MXP3.28bn 15-year UDI-denominated piece at 51.5375% to deliver 100.0000% over 15 years at an annual interest of 4.4100% compound. The price is 100% discounted at a 6.20% annual rate. The bonds are zero coupon.
