Business & Finance

Mexico says to increase bond issuance in first quarter of 2019

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Issuance of peso-denominated bonds in three, five and ten-year maturities will each increase on average by 1.2 billion pesos ($61 million) compared with the previous quarter, the ministry said in a statement.

Meanwhile, auctions of 20 and 30-year bonds will be increased by 700 million pesos on average, the ministry said.

Between 5 billion and 15 billion pesos of Cetes in all maturities will continue to be offered, it added.

Copyright Reuters, 2018