Mexico's largest bank, BBVA Bancomer, has gone to market with the country's first issuance of mortgage bonds by a private-sector lender this year, for $456.4 million, in a sign of easing risk aversion.

In a press release late Wednesday, the government mortgage development bank, Sociedad Hipotecaria Federal, which guarantees mortgage bond issuances, said the securities were sold in three series with local AAA ratings.

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