Mexico announces local ESG bond

Mexico announces local ESG bond

Economy & Policy Bonds Debt Funds Mexico Capital Markets ESG Green Bonds Green Finance Social Bonds

Mexico plans to issue environmental, social and governance (ESG) bonds in the local market to fund social programs and green projects, Deputy Finance Minister Gabriel Yorio said on Twitter. "This is one of the steps to develop the local sustainable debt market," Yorio tweeted on Thursday, adding that the notes will carry a spread on the TIIE reference rate. "They will help mobilize most of our economy's resources towards actions that combat social gaps and are friendly to the environment," he sa

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