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Hipotecaria Nacional to sell Ps. 1.5 billion of 27-day certificados bursatiles
By Reshmi Basu
New York, March 14 - Hipotecaria Nacional SA de CV Sofol plans to sell Ps. 1.5 billion of 27-day certificados bursatiles (/mxA-1+/F1+(mex)) on Wednesday.
The maturity date is April 12, 2006.
Casa de Bolsa BBVA Bancomer SA de CV is the auction agent for the transaction.
The certificate number is 049 in Hipotecaria's current certificados bursatiles program.
Meanwhile the settlement is scheduled for Thursday.
The issuer, based in Mexico City, is a specialized mortgage lending institution.
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