Mexico launches its first sustainable bond in pesos

Mexico launches its first sustainable bond in pesos

Companies will be able to use the BONDESG as a reference for the issuance of their own ESG bonds, denominated in pesos and, thus, access cheaper financing to carry out their sustainable projects.

The inaugural placement was made in terms of two years for an amount of 14,520 million pesos (mdp), and six for an amount of 5,480 mdp; 35 national investors participated, with a total demand of 64,682 million pesos, 3.2 times the amount placed.

The BONDESG are issued under the Reference Framework for Sovereign Bonds linked to the Sustainable Development Goals (SDGs), prepared by the Ministry of Finance, whose purpose is to define the appropriate mechanisms to support the monitoring of the objectives of the 2030 Agenda by half of the federal government budget.

With this placement, the Treasury pointed out in the document, it is within the limits of net indebtedness authorized by the Congress of the Union for the federal government in this fiscal year.



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