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Mexico, Brazil, Chile: Latin America Bond and Currency Preview
Bloomberg
June 22, 2009

By Valerie Rota

June 22 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day's session.

Mexico: Petroleos Mexicanos, the state-owned oil monopoly, said exports of crude oil fell 59 percent to $8.195 billion in the first five months of the year, compared to the same period in 2008, the Mexico City-based company said in a statement June 19.

The peso rose 0.2 percent to 13.3610 per dollar.

The yield on Mexico's 10 percent bond due December 2024 fell three basis points, or 0.03 percentage point, to 8.48 percent, according to Banco Santander SA.

Other prices in Latin American markets:

Argentina: The peso fell 0.2 percent to 3.7735 per dollar.

The yield on the country's inflation-linked peso bonds due in December 2033 fell 27 basis points to 16.15 percent, according to Citigroup Inc.'s local unit.

Brazil: The real rose 0.1 percent to 1.9707 per dollar.

The yield on the zero-coupon, real-denominated bond due in January 2010 was unchanged at 8.93 percent, according to Banco Votorantim.

Chile: The peso gained 0.4 percent to 535.75 per dollar.

The yield for a basket of Chilean 10-year peso bonds in inflation-linked currency units, called unidades de fomento, was unchanged at 2.86 percent, according to Bloomberg composite prices.

Colombia: The peso fell 1.2 percent to 2,115.75 per dollar.

The yield on Colombia's benchmark 11 percent bonds due July 2020 fell two basis points to 9.4 percent, according to Colombia's stock exchange.

Peru: The sol fell 0.1 percent to 2.9906 per dollar.

The yield on Peru's 8.6 percent bond maturing August 2017 fell five basis points to 5.7 percent, according to Citigroup Inc.'s unit in Lima.

To contact the reporter on this story: Valerie Rota in Mexico City at vrota1@bloomberg.net.

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