KM Financial Solutions | UPDATE 1-Forced selling of Pemex bonds estimated at $7-10 bln – Citigroup
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UPDATE 1-Forced selling of Pemex bonds estimated at $7-10 bln – Citigroup

UPDATE 1-Forced selling of Pemex bonds estimated at $7-10 bln – Citigroup

Pemex bonds could be
hit by $7-10 billion of forced selling after Moody’s cut the
debt of the Mexican state oil firm to junk status, Citigroup has
estimated.

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