Mexico City, (EFE) .- The Government placed debt for $ 6.8 billion in international markets on Tuesday, with the aim of strengthening its financial portfolio and reducing the external debt maturity profile between 2027 and 2031, the Ministry of Finance reported.
In a statement, the agency explained that on Tuesday “with the participation of 240 institutional investors globally and a maximum demand of 19,000 million dollars” the confidence that financial markets maintains in the economic and fiscal leadership of the country is confirmed, even before an environment of high global volatility. “
The operation, he said, allowed to reduce by 15% the amount of the external market debt called dollars with maturities between 2027 and 2031 “thus contributing to strengthening the country’s debt portfolio.”
He said that the operation was structured in three parts: the operation of two new reference bonds, with maturities in 2032 and 2038, for 3,950 and 2,850 million dollars respectively.
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In addition to capturing resources to carry out an early repurchase of an expiration bonus in 2026 and execute a refinancing operation for an amount of 2.5 billion dollars through the exchange of bonds with expiration between 2027 and 2031, for the new references.
The note pointed out that the 2032 expiration bonus will pay a coupon rate of 5.85% and 2038 a coupon rate of 6,625%.
“It is important to indicate that the high participation of investors, allowed to generate a benefit of 15 base points and 25 base points, respectively, below the levels recorded in the January 2025 transaction, and a compression in interest rates of 16% and 13%, between the announced price and the closing price,” he said.
The operation, indicated the agency, “adds to the proactive and responsible strategy of refinancing in the international markets that the Government of Mexico has implemented, maintaining as a priority to reduce the risk of financing and privilege the instruments at a fixed and long -term rate.”
In addition, he said, with this, the government reiterated its commitment to use public indebtedness in a responsible manner, in attachment to the annual financing plan 2025, and maintain a prudent fiscal policy with a sustainable public debt trajectory.
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