Mexico bonds market data. Government bonds, debt statistics, new bond issues. Credit ratings (2024)

FAQs

What is the rating of the Mexican government bonds? ›

The Mexico 10Y Government Bond has a 9.967% yield. Central Bank Rate is 11.00% (last modification in March 2024). Video Player is loading. The Mexico credit rating is BBB, according to Standard & Poor's agency.

CETES are considered the safest investment in Mexico. These bonds are fully secured by the federal government, which has never defaulted on CETES interest payments.

The Mexico 10 Years Government Bond has a 9.923% yield (last update 6 May 2024 2:15 GMT+0).

Source: Banco de México. Cetes: Federal Treasury Certificates (Certificados de la Tesorería de la Federación) are the oldest debt instruments issued by the Federal Government. They were first issued in January 1978 and, since then, have become a fundamental pillar in Mexico's money market.

The national debt in Mexico was forecast to continuously increase between 2024 and 2029 by in total 376.5 billion U.S. dollars (+33.62 percent). After the tenth consecutive increasing year, the national debt is estimated to reach 1.5 trillion U.S. dollars and therefore a new peak in 2029.

Under President Salinas, Mexico signed the North American Free Trade Agreement (NAFTA) with the United States and Canada, which went into effect in January 1994. The second was to regain access to international financial markets, which Mexico had lost after defaulting on its debt in 1982.

Starting Feb. 13, investors in the U.S. will be able to purchase the Mexican bonds in denominations of $1,000 from a network of brokerage firms including Charles Schwab, Merrill Lynch and Morgan Stanley. The bonds will be available in various maturities, ranging from about three years to 10 years.

The various types of bonds that are offered by the U.S. Treasury are considered to be among the safest in the world. Because of their relatively low risk, government bonds typically pay low interest rates.

Mexico's central bank cut interest rates for the first time since 2021 in a split decision, finally joining a regional trend for monetary easing as inflation slows. The bank cut its key rate a quarter point to 11% on Thursday, as forecast by 26 of 29 economists surveyed by Bloomberg.

Which bond ratings are high risk? ›

Obligations rated Ba are judged to have speculative elements and are subject to substantial credit risk. Obligations rated B are considered speculative and are subject to high credit risk.

Individuals or legal entities may go to financial intermediaries or institutions to purchase CETES or purchase them through the CETES DIRECTO program.

Yes, but you might consider going long peso futures, essentially the same transaction, or buying Argentine T-bills instead. Phil, It would appear that individuals can do whatever they set their mind to, however ill-advised.

Ownership of the Debt

The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, Federal Reserve Banks, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities.

08 Jul 2022

The rating downgrade was driven by economic and fiscal trends that Moody's expects to continue to gradually – but persistently – undermine Mexico's overall credit profile, aligning it with that of Baa2-rated peers.

U.S. Treasury securities are considered to be about the safest investments on earth. That's because they are backed by the full faith and credit of the U.S. government. Government bonds offer fixed terms and fixed interest rates.

"Bond Ratings." Fitch Ratings. "Fitch Downgrades the United States' Long-Term Ratings to 'AA+' from 'AAA'; Outlook Stable.