Post by account_disabled on Feb 21, 2024 23:54:44 GMT -6
The entry into force of the reform to the Securities Market Law, on December 29, 2023, to issue the secondary provisions. María Ariza: we seek to be open to accommodate more companies María Ariza, general director of BIVA She said that there is a working group that meets weekly and is headed by the AMIB, to build the secondary regulations of what will be a new stage of the market. In an interview with the media within the framework of the inauguration of the new president of Asofom, he mentioned that one of the points they are refining is the definition of medium and small companies that can be candidates for simplified emissions.
We are seeking to be as open as possible to be able to accommodate more companies (…) The details will be known later, but we Switzerland Mobile Number List are looking for a way for the market to be used as a means of financing, growth, sophistication, maturation and that achieve the corporate governance and institutionalization that is required in the markets” María Ariza, general director of BIVA Asked how many companies could adhere to the figure of simplified emissions, she responded that several of the companies “that we have seen” in BIVA could benefit in terms of efficiencies, although work must continue on demand.
We are working on the supply side and this whole process of how companies manage to reach the markets more efficiently and with all this simplification, but we must have demand on the other side, who have the interest and appetite to accompany these emissions and to make these companies grow” María Ariza, general director of BIVA The general director of BIVA considered that foreign investors can also join the new figure, since they can see in this type of issues “interesting” yield margins that they can enter into their portfolios.
The BMV represented 96% of the country's debt issues at the end of 2023. Last year, P$572,000 million were issued through 1,346 issues. Ariza said that in the BMV very important amounts are reached because they are amounts from companies that are already recurring in that stock market, while in BIVA the approach followed is growth with new issuers.
We are seeking to be as open as possible to be able to accommodate more companies (…) The details will be known later, but we Switzerland Mobile Number List are looking for a way for the market to be used as a means of financing, growth, sophistication, maturation and that achieve the corporate governance and institutionalization that is required in the markets” María Ariza, general director of BIVA Asked how many companies could adhere to the figure of simplified emissions, she responded that several of the companies “that we have seen” in BIVA could benefit in terms of efficiencies, although work must continue on demand.
We are working on the supply side and this whole process of how companies manage to reach the markets more efficiently and with all this simplification, but we must have demand on the other side, who have the interest and appetite to accompany these emissions and to make these companies grow” María Ariza, general director of BIVA The general director of BIVA considered that foreign investors can also join the new figure, since they can see in this type of issues “interesting” yield margins that they can enter into their portfolios.
The BMV represented 96% of the country's debt issues at the end of 2023. Last year, P$572,000 million were issued through 1,346 issues. Ariza said that in the BMV very important amounts are reached because they are amounts from companies that are already recurring in that stock market, while in BIVA the approach followed is growth with new issuers.