Forbes Mexico.
Sheinbaum government makes second debt issuance: 2,400 mde
The Ministry of Finance and Credit (SHCP) issued two new bonds for a total of 2,400 million euros, an operation that represents the second placement in the external market of the administration of President Claudia Sheinbaum.
According to dependency information, the operation was distributed as follows: an eight -year bonus that will pay a coupon rate of 4,625%, for an amount of 1.4 billion euros with a maximum demand of 4,300 million euros .
Likewise, a 12 -year bonus was issued that will pay a coupon rate of 5,125%, for an amount of 1,000 million euros with a maximum demand of 3,750 million euros.
The SHCP stressed that the demand for the bonds issued was exceeding 8,000 million euros. This issuance represents the greatest demand called euros obtained since April 2019.
He explained that with the placement of two new references, he continued with the development of the yield curve in the European market under favorable financial conditions, which allowed a decrease of almost 10% between the announced price and the closing price.
The agency assured that the objectives set in the Annual Financing Plan 2025 are aligned and in strict adherence to the indebtedness ceiling authorized by the Congress of the Union with the objective of complying with the fiscal goals provided in this year.
Follow us on Google News to always keep you informed
Inspy, discover and share. Follow us and find what you are looking for on our Instagram!
Sheinbaum government makes second debt issuance: 2,400 mde
Silvia Rodríguez
