Mexico places $ 5.8 billion in global supply of 12 and 30-year bonds

The Government of Mexico reported this Tuesday that it placed 5.8 billion dollars in the global markets in two new bonds with maturities in 2034 and 2052, as part of its program of 2022 external financing.

The 12-year securities will pay a coupon of 3.5%, while that of the 30-year securities will be 4.4%, detailed the Secretariat of Finance and Public Credit (SHCP) it’s a statement.

As part of the transaction, 2.3 billion dollars were used to carry out a refinancing of foreign debt that, according to the Government, reduced financial pressure by 70% for next year.

The rest of the resources will be used to cover financing needs.

The SHCP He said that the issuance reached a demand of 10.4 billion dollars, equivalent to 2.5 times the total amount issued, and had the participation of 240 global investors.

kg



Reference-www.eleconomista.com.mx

Leave a Comment