Home / Daily Briefs / 2022 / 21 / Banorte, BlackRock applaud Mexico's ESG bond plans

Banorte, BlackRock applaud Mexico's ESG bond plans

Banorte, BlackRock applaud Mexico's ESG bond plans

January 21, 2022 | Rodrigo Alonso Cruz
Institutional investors will still review each deal, but sustainable bonds will be "more than welcome," fund managers say

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Mexican bank Banorte and US investment firm BlackRock have voiced support for the Mexican government's plans to issue environmental, social and governance (ESG) bonds to replace much of its debt this year. "It would be extremely welcome for the government to start proposing debt with ESG objectives," Alejandro Ceballos, head of asset management at Banorte, said during an event hosted by Fitch Ratings on Thursday. "I think we would all see it in a good light," he added. Deputy Finance Minister Ga

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