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The sovereign has issued well over $10bn in just two days to fund liability management for Pemex
The note priced with no issue premium, agreed observers
The trade is its first in the senior preferred format
More articles
More articles
More articles
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Heavy local demand for dollar benchmark, but international appetite for AT1 may have improved
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Authorities are trying to re-establish Pemex as a standalone issuer
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The bank has only issued senior non-preferred bonds in the last three years
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◆ Colombia turns from Swiss francs to eurozone in funding flurry ◆ CEEMEA issuers enjoy purple patch ◆ A test for US auto ABS as Europe's RMBS market gets boost
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There is no sign of investor appetite for new CEEMEA bonds slowing down
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Other sovereigns can learn a lot from how Turkey navigates the public bond market
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