by bondevalue | Apr 8, 2021 | Sovereign Bonds
Mexico agreed to repurchase $701mn in outstanding 2023s and 2040s, financed by the proceeds from Tuesday’s $2.5bn new 20Y bond issue at a yield of 4.285%, or T+205. In the buyback, Mexico seeks to repurchase $158mn in 6.75% 2034s and $143mn in 4% 2023s. Mexico also...
by bondevalue | Apr 7, 2021 | Sovereign Bonds
Mexico raised $2.5bn via a 20Y bond at a yield of 4.285%, or T+205bp, 35bp inside initial guidance of T+240bp area. The bonds received orders over $5.6bn, ~2.24x issue size with proceeds from the issuance used to repurchase notes from nine series of outstanding bonds,...
