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A man is ferried across a flooded street by boat two days after Hurricane Patricia, in the village of Rebalse, Jalisco State, Mexico, Sunday, Oct. 25, 2015. (AP Photo/Rebecca Blackwell)

(Bloomberg) — Bonds sold by Mexico to shield it from the cost of repairing hurricane damage are closer to paying out after the biggest storm ever measured in the Americas struck the country last month, Standard & Poor’s said.

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