QE prospects clear way for Mexico

摘要

Hopes of more monetary easing in Europe buoyed market sentiment and cleared a path for Mexico to return to the euro market, where it garnered €2.5bn through a dual-tranche bond issue. The deal marked Latin America's first bond sale in either euros or US dollars in more than two weeks, after recent bouts of volatility in the broader markets closed doors to borrowers worldwide. Stability in oil prices and comments on Monday from ECB president Mario Draghi, who said he was prepared to ease monetary policy further in March, brought some comfort to an investor base hurt by recent price swings.