✉news BusinessFinance first seen 19 h ago, last 17 h ago, peak #19
Banorte implements total return swap structure in Mexico
Original: Banorte implements TRS in Mexico
Mexican bank Banorte has implemented a total return swap (TRS) in Mexico, according to Securities Finance Times. The move brings a securities finance structure more commonly used in larger markets into Mexican banking operations. Little further detail was given on counterparties, scale or purpose, but the development is being noted by securities finance industry watchers as a sign of the market maturing in Mexico.
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- Banorte implements TRS in Mexico · Securities Finance Times
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