Tag Archives: S&P/BMV Sovereign UDIBONOS Bond Index

Does the Outperformance of UDIBonos to MBonos Have Legs?

Since the U.S. presidential election on Nov. 8, 2016, the S&P/BMV Sovereign UDIBONOS Bond Index, which seeks to track inflation-protected Mexican government bonds, outperformed its nominal counterpart, the S&P/BMV Sovereign MBONOS Bond Index (see Exhibit 1).  What was the driver behind this outperformance, and can we expect it to persist? Exhibit 1: S&P Mexico Sovereign Read more […]