title: Mexico to receive $150 million from catastrophe bond after quake
text: MEXICO CITY (Reuters) - Mexico s will receive a pay out of $150 million from a catastrophe bond after a Sept. 7 quake met parameters for magnitude, location and depth, the finance ministry said in a statement on Tuesday.  Reuters reported on Oct. 4 that the government expected to receive the funds and that it is looking at placing a new issue. Mexico was hit by two devastating quakes last month, the Sept. 19 tremor that hit Mexico City hard and an even more powerful earthquake that struck the country s south on Sept. 7.  