Mexico issues the third sustainable sovereign bond

The Ministry of Finance and Public Credit (SHCP) of Mexico made the third placement of the Federal Government Development Bond aligned to ESG criteria (BONDES G), after those carried out in September 2020 and July 2021. This transaction was the first in US dollar currency reaching a total amount of 2,200 million dollars. Additionally, the operation marked the first refinancing of sovereign debt with a sustainable bond. Therefore, the Government of Mexico reaffirms its commitment to develop the bond market with ESG criteria and to promote sustainable financing.

The 10-year term issuance with 4.875% coupon rate, reached a demand of 7 billion dollars, equivalent to 3.2 times the amount issued, with 233 global investors involved.