Mexico May Sell More Debt Exchange Warrants, Public Credit Director Says

(Bloomberg) -- Mexico may keep selling securities
that have helped it ``aggressively'' cut its foreign debt to a
record low, said Gerardo Rodriguez, head of public credit at the
Finance Ministry.

Mexico this year issued warrants -- its third such sale
since 2005 -- that give investors the option to swap bonds
denominated in dollars and European currencies in exchange for
peso securities, part of a push to lure investment to the local
market and reduce the government's vulnerability to declines in
the currency.


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