Monday, 17 January 2022

Mexico increase bond issuance in first quarter of 2019

MEXICO CITY: Mexico will raise its planned bond issuance in the first quarter of 2019 and offer the same amount of treasury bills, or Cetes, the finance ministry said on Thursday.

Issuance of peso-denominated bonds in three, five and ten-year maturities will each increase on average by 1.2 billion pesos ($61 million) compared with the previous quarter, the ministry said in a statement.

Meanwhile, auctions of 20 and 30-year bonds will be increased by 700 million pesos on average, the ministry said.

Between 5 billion and 15 billion pesos of Cetes in all maturities will continue to be offered, it added.

Check Also

Cryptocurrencies tumble amid China crackdown

REUTERS/Dado Ruvic/Illustration/File Photo TOKYO – Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining ...

Leave a Reply