Mexico proving economic prowess, says DMO after blow-out bond
Mexico’s head of public credit told GlobalCapital that he felt the government’s economic management was winning over investors after the sovereign notched a heavily oversubscribed dollar deal last week.
On Monday, January 6, Mexico sold $3.05bn of new 10 year debt — including $1.75bn that came as existing bondholders switched from old notes — and tapped its 2050s for a further $800m.Bankers following the deal estimated the new issue premium at just 5bp on both tranches, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com