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Finance Ministry Sells MXN11.3b of Bonds Due 2053 in Swap Auction

MEXICO

Mexico’s Finance Ministry sold 11.3b pesos of bonds due July, 2053, in exchange for shorter term debt, according to swap auction results posted by the central bank. (BBG)

  • In exchange, bidders to turn in:
    • 513m pesos of bonds due March 2027
    • 40m pesos of bonds due June 2027
    • 5b of bonds due Nov. 2042
    • 6b of bonds due Nov. 2047

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