*Mexico’s finance ministry (SHCP) has refinanced bonds worth M$47.49bn (US$2.37bn) on the local market, in the first liability management exercise of the new administration led by President Claudia Sheinbaum. The SHCP announced it had refinanced two bonds: one worth M$20.38bn due to mature in 2025 and the other for M$27.11bn, due to mature in 2026. According to the SHCP, the transaction aims to improve the maturity profile of peso-denominated public debt, increase the average maturity of the portfolio, and improve liquidity for the years 2025 and 2026.
Back
LatinNews Daily - 1 November 2024
In brief: Mexico refinances debt on domestic market
- BRAZIL: Court convicts killers of Marielle Franco
- BOLIVIA: Judicial elections postponed due to protests
- In brief: Colombia cuts interest rates
- In brief: Brazil’s unemployment down in Q3
- NICARAGUA: New telecoms law approved
- In brief: Panama approves 2025 budget
- MEXICO: Sheinbaum publishes decree to shield constitutional reforms
- In brief: Mexico refinances debt on domestic market
- ARGENTINA: Minister underlines public sector layoffs
- In brief: More lithium investment in Argentina