* Mexico has become the first country in the world to issue a United Nations Sustainable Development Goals (SDGs) sovereign bond. According to a United Nations Development Programme press release, the seven-year bond is worth €750m (US$890m) – resources that will be used to finance SDG-oriented programmes. The letters were issued under the Mexican government's new ‘SDG Sovereign Bond Framework’ developed with French investment bank Natixis. The transaction reached a demand of US$5.7bn, equivalent to 6.4 times the allocated amount while 267 global investment firms participated in the operation. According to Mexico’s finance ministry, the bonds have a 1.603% yield to maturity rate and a 1.350% coupon rate, making it the second lowest coupon in the history of euro bonds issued by the Mexican government.
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