MEXICO CITY (Reuters) – Mexico will put up a total of $11 billion in two auctions via a swap mechanism agreed with the U.S. Federal Reserve earlier this year, Mexico’s currency commission said on Monday.
The two auctions, worth $7 billion and $4 billion respectively, would be held on June 24 and June 29, the commission said in a statement.
(Reporting by Dave Graham; Editing by Frank Jack Daniel)