Inbursa Aims Domestic Note

Mexico’s Banco Inbursa is scheduled to price up to MXP11.5bn ($876m) in domestic bonds November 6, according to people familiar with the borrower’s plans. The 3.7-year bond will pay a spread to the TIIE rate. The bank is raising funds to improve its liquidity profile and for general banking purposes. Inbursa is managing the transaction, rated AAA on a national scale.