Mexico issues over $1.7 billion in Samurai bonds, concluding 2026 debt issuance

Mexico has successfully returned to the Japanese debt market, issuing Samurai bonds valued at 282.8 billion yen, which equates to roughly $1.77 billion. This significant placement marks the conclusion of the federal government's external debt issuance program for 2026, as confirmed by the Ministry of Finance and Public Credit (SHCP).

The Ministry, led by Édgar Abraham Amador Zamora, highlighted that the demand for these bonds occurred in a market characterized by rigorous investment criteria. This, according to Hacienda, reflects international financial community's interest in Mexico and reinforces its standing as a sovereign issuer in the Japanese market.

The operation included four new references with maturities of 3, 5, 10, and 20 years, carrying interest rates of 3.16%, 3.61%, 4.46%, and 5.49%, respectively. The issuance attracted participation from 52 global investors.

Hacienda emphasized that this issuance strengthens the sustainable financing strategy initiated in 2020, noting that 85% of Mexican bonds currently in circulation in the Japanese market are aligned with the Sustainable Development Goals (SDGs). The resources obtained will be directed towards prioritizing projects in key sectors including health, education, financial inclusion, sustainable agriculture, water, renewable energy, climate action, and biodiversity. The Ministry reaffirmed its commitment to responsible public debt management, focusing on maintaining favorable cost and risk conditions, enhancing portfolio resilience, and reducing refinancing risks.