Ricardo Cano - BBVA Bancomer Cano is managing director and head of debt capital market at BBVA Bancomer. He joined BBVA Probursa in 1997 when the debt capital markets group was created. Prior to that, he worked in the Latin American project finance team at ABN AMRO in Miami and in various investment banking functions at Mexival Banpais. Mauricio Alazraki - Pemex Alazraki is associate managing director of finance at Pemex, a position he has held since 2002. He has also been head of capital market

Mexico's local bond market has seen a revival in activity after a brief lull in July driven by the uncertainty surrounding this year's presidential elections. Volumes have been robust with about Ps93bn (US$8.6bn) of long-term debt being issued in the domestic markets so far this year, and some bankers reckon the market could see another Ps20bn in supply before the year ends. But this year's final figure is likely to fall short of the Ps136.595bn and Ps140.029bn seen respectively in 2005 and 2004

IFR: What is the outlook for peso financing this year and how will the government's new fixed-rate 30-year bond impact the local markets? Alicia Núñez (Mexico's Ministry of Finance and Public Credit): We view the 30 year as the last natural step in the process of extending the yield curve. Our intentions were announced a long time ago. We said there would be a 30-year issuance in the fourth quarter and there would be two issues as opposed to three of the 20-year in the fourth quarter, but we wil