NEWS
Treasury issues the first sustainable sovereign bond in the world linked to the SDG
09/14/2020 Since 1 month
Press Release No. 071

Today Mexico becomes the first country in the world to issue a sustainable sovereign bond linked to the Sustainable Development Goals (SDG) for an amount of 750 million euros.
With this issue, the Ministry of Finance inaugurates Mexico’s sustainable financing programme and places the country at the forefront of innovation in sustainable financing instruments. In addition, the issuance allows the country to expand its investor base by accessing international funds committed to sustainable economic development.

This bond was placed for a 7-year term (September 2027), offering a yield at maturity of 1.603% and paying a coupon rate of 1.350%. The operation reached a peak demand of EUR 4.8 billion, equivalent to 6.4 times the amount placed, and involved 267 institutional investors globally.

The issuance of this bond is an important milestone in the development and innovation of market instruments for sustainable financing and confirms the confidence of international investors in the Mexican Government’s commitment to development.

LATEST NEWS
FIRA issues the first gender-equitable bond
FIRA issued the gender bond on the Mexican stock exchange BIVA on October 15th, with a 3 year maturity as part of a larger placement of three bonds worth 10 billion pesos/ $3 billion dollars, to provide exclusive fina...
Since 6 days Read More
Rio de Janeiro becomes first South American financial centre to join FC4S
Representing Brazil’s public and private sector financial services sector actors, today Brazil’s Laboratory of Financial Innovation (LAB) joined the International Network of Financial Centres for Sustainability (FC4S)...
Since 2 weeks Read More
Environmental and Social Policy Framework
The ESPF sets ambitious new standards in several areas and provides IDB’s clients with leading-edge provisions to tackle environmental and social issues. It elevates respect for human rights to the core of environment...
Since 1 month Read More