Mexico Market Review, March 2020: Issuance tumbles after last month’s record

The sharp decline in March comes amid the Covid-19 crisis, which caused panic among investors and sent global markets into historic freefall. In annual terms, the figures are positive showing an 80% increase in volume in the first quarter of 2020 compared to the same period last year. Monex continued to lead the market with a 67.33% share (MXN10.2 billion), followed by BBVA Bancomer with 24.4% (MXN3.7 billion). Monex was the leader in short-term strategies, as more than 90% of its