Reported 1 day ago
Mexico has launched its first bond offering under President Claudia Sheinbaum, raising a record $8.5 billion in a three-part deal. This move aims to help address fiscal deficits while preparing for potential economic challenges, including the implications of Donald Trump’s impending second term as U.S. President. The bonds, set to mature in 2030, 2037, and 2055, come amid rising concerns over the peso and emerging market dynamics, as well as a commitment to support state oil company Petroleos Mexicanos.
Source: YAHOO