- Mexico completes its second issuance of sustainable bonds BONDES G
Mexico completes its second issuance of sustainable bonds BONDES G
07/21/2022 Since 4 weeks
The Ministry of Finance and Public Credit (SHCP) of Mexico made the second placement of the Federal Government Development Bond aligned to ESG criteria (BONDES G). The issuance makes it possible to mobilize resources from the economy to actions and projects that reduce social gaps and fight climate change.
The syndicated placement, oversubscribed by 4.4 times, consisted of a 3-year tranche for an amount in local currency equivalent to about 490 million dollars, and another 6-year tranche for an amount equivalent to 233 million dollars.
BONDES G are issued under the Reference Framework for Sovereign Bonds linked to the Sustainable Development Goals (SDGs), prepared by the SHCP, which has the purpose of defining the appropriate mechanisms to support monitoring the Agenda 2030’s objectives through the Federal Government budget.
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