August 25, 2022 |
Mexico has tightened the initial price talk on a six-part sale of sustainable bonds in the Japanese market, according to information from Refinitiv.
The sovereign issuer has now put the range between 88 and 90 basis points over the Tokyo Overnight Average Rate, or Tonar, for three-year bonds and between 108 and 110 basis points for five-year notes. The spread on seven-year bonds now stands between 120 and 122 basis points and between 145 and 147 basis points 10-year bonds, Refiitiv reported.
Sovereign issuer narrows the price range for a six-part deal in the Japanese market