Mexicans to Issue Domestic Bonds

Mexicans to Issue Domestic Bonds

Mexico Bonds

Mexico’s Banco Nacional de Comercio Exterior (Bancomext) and Daimler Mexico are scheduled to issue in the domestic bond market today. State-owned Bancomext is planning to issue up to MXP2bn ($154m) in 10-year fixed-rate notes. Banamex and HSBC are managing the deal, rated AAA on a national scale. The development bank last priced MXP1.5bn in 2022 bonds at 5.75%, or Mbonos+49bp in July. Daimler is planning to price today up to MXP1.0bn ($77m) in 3-year floating-rate domestic bonds. The auto manufa

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