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Mexico Sells MXN20B of Sustainable Bonds in Syndicated Debt Auction

MEXICO
  • Mexico sold 20b pesos of Bondes G in a syndicated Environmental, Social and Governance debt auction, according to results posted by the central bank. (BBG)
    • Mexico sold 14.52b pesos of Bondes G maturing in 687 days and 5.48b pesos of Bondes G maturing in 2,143 days.
  • Via Twitter, Deputy Finance Minister Gabriel Yorio said the inaugural issuance begins a new phase in sustainable finance in Mexico.
    • “By having instruments denominated in pesos, Mexican corporations will be able to use them to access cheaper market financing and finance their sustainable projects.” (Translated from Spanish To English)

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