November 17, 2020 |
(Updated to reflect new information from the Mexican Finance Ministry regarding the use of funds for buybacks in paragraphs 7 and 8)
Mexico came to the bond market on Monday, raising $3.63 billion to redeem existing bonds in a two-part deal, with orders reaching $16 billion, the government said following the closure of the transaction.
The sovereign placed $1.83 billion in new 2031 notes and $1.8 billion in new 2061 notes, the government said in a statement.
The 10-year notes sold at par to yiel
Sovereign issuer prints $3.63 bln in 10- and 40-year notes after receiving $16 bln in orders