January 14, 2020 |
Mexico went to the euro-denominated market on Monday for its second bond sale of the year, raising €1.75 billion ($1.95 billion) in a two-part deal that was 3.8 times oversubscribed, the Ministry of Finance said in a statement.
The ministry said it sold €1.25 billion in new 2030 notes with a coupon of 1.125%, a record low in euros, and added €500 million to its 2.375% 2039 notes.
The 10-year notes priced at 99.468 to yield 1.241%, while the 2039 retap priced at 107.873 to yield 2%, said a source
Sovereign issuer prints $1.4 bln in new 10-year notes at a record low coupon in euros and adds $557 mln to its 2039 bonds