ING Mexico manager buys corporate debt, says rates may decline

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MEXICO - ING Groep NV's Mexican pension fund, the nation's best performer in the past three years, is buying fixed-rate bonds as a bet that inflation will keep slowing and may lead the central bank to cut interest rates.

Enrique Solorzano, who manages MXN161bn (US$12.3bn) in pension fund assets, said Mexico's central bank may reduce the nation's benchmark lending rate to 4.25% or 4% from the current level of 4.5% b...

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