LatinNews Daily - 07 July 2021

In brief: Mexico issues new SDG Euro bond

* Mexico has issued a second United Nations Sustainable Development Goals (SDGs) sovereign bonds, having become the first country in the world to do so in September 2020. According to a finance ministry (SHCP) press release, €1.25bn (US$1.48bn) worth of the new 15-year Euro-dominated bonds offering a coupon rate of 2.25% were successfully placed. The SHCP said that the bonds, acquired by 60 investors, were 2.6 times oversubscribed with a total of 154 international investors participating. The ministry noted that the funds raised will be used to finance SDG-oriented programmes.

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