MEXICO CITY, March 26 (Reuters) - Mexico has bought back $714 million in global bonds maturing between 2009 and 2034, reducing the country's dependence on foreign markets, the finance ministry said on Wednesday.

The finance ministry said it trimmed its outstanding foreign currency bonds at 10 maturities while keeping enough bonds at key points along the yield curve to provide strong benchmarks for investors.

"The volatility that has prevailed in the international markets during the last few weeks represented an opportunity to buy back specific off-the-run global bonds, which do not adequately reflect the financial cost of the federal government," the ministry said.

The government did not buy back bonds from the key 10 and 30 year benchmarks, which it wants to bolster.

Peso debt issues and loans from international institutions provided financing for the buyback, the ministry said. (Reporting by Noel Randewich; Editing by Diane Craft)