Mexico outlines second quarter fundraising plans

Mexico outlines second quarter fundraising plans

Economy & Policy Bonds Funds Mexico Capital Markets

Mexico's finance ministry said it plans to issue up to MXN550 billion ($27.7 billion) in government bonds, including Cetes, Bondes F, Mbonos and Udibonos, in the second quarter this year. The ministry "is looking to satisfy [the government's] financing needs preferably in the local market" through bond auctions from April 5 to June 30, it said in a press release on Friday. In January, the ministry sold MXN133 billion worth of government bonds that mature between 2022 and 2050 to repurchase notes

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