Salon C-12: where the investment committee decides the MXN/USD hedge and the treasurer kit lands before the VaR
Salon C-12 sits on the 5th floor where the investment and treasury committees of BMV-listed corporates and IMMEX subsidiaries with cross-border operations meet monthly: six horseshoe-arranged seats, a lectern for the corporate treasurer, a five-metre LED screen with simultaneous projection of the investment portfolio and the VaR dashboard, an annexed room with a secure phone line for calls with the placement bank and the portfolio administrator, a sealed chamber for the FX hedge annexes and a closed kitchen with discreet service. This is where the MXN/USD and MXN/EUR FX hedges get approved, where the corporate treasury investments get signed off, where the credit lines with the multiple bank and the development bank (Bancomxt, Nafin) get renewed, where debt issuances in the local and US markets get decided and where the cash surplus investment decisions get made. What separates Salon C-12 is the money market ritual: the treasurer kit enters before the VaR, exits signed for by each member at close and lets the head of treasury archive the minutes without the merch pulling attention from the portfolio.