Mexico goes to Europe for second debt sale of 2020

Mexico goes to Europe for second debt sale of 2020

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Economy & Policy Mexico Europe

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

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