Regulatory Alerts2010-10-04 | Circular 29/2010Added
Circular 29/2010 — Modification of Circular 2019/95
The Bank of Mexico amends Circular 2019/95 to allow the settlement of fixed-rate national currency BONOS issued in Mexico to occur up to eight business days after the transaction date without classifying the operation as a derivative. This modification applies specifically to Multiple Banking Institutions and facilitates the negotiation of these securities with foreign investors. The circular enters into force on October 6, 2010.
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