April 9, 2015
The Euro symbol outside the ECB building(MPD0156)
The United Mexican States took advantage of low rates, extensive liquidity and strong appetite for duration in the Eurozone to become the first sovereign to sell a euro-denominated century bond.
The country took $6.3bn in orders for its 4% €1.5bn ($1.6bn) 100-year in a transaction managed by Goldman Sachs and HSBC.
It was Mexico’s third century bond, as the c
Appetite for long-dated issuance paves the way for Mexico's 100-year Euro bond