The Ministry of Finance and Public Credit (SHCP) of Mexico has completed its fourth offering of sustainable bonds called “BONDESG” for a total amount in local currency equivalent to approximately 835 million dollars, reinforcing its commitment to promote sustainable financing and development of the bond market with Environmental, Social and Corporate Governance (ESG) criteria.

The issuance was oversubscribed by 6.1x the amount placed, with the participation of 32 investors. The placement is comprised of 2-year, 3-year and 5-year tranches.

An amount equivalent to the total issuance will be allocated to sustainable projects, in accordance with the Sustainable Bond guidelines of the International Capital Market Association (ICMA), and aligned with the Reference Framework for Sovereign Bonds linked to the UN Sustainable Development Goals (SDGs).