Mexico places ESG bond for 23,000 million pesos

The entity explained that the instrument has a duration of 12 years and that it was assigned through a syndicated auction.

The placement price was 93.77559 pesos, Banxico added.

last May 11

Financing through green bonds has had an important development in the country, since currently they already exceed 200,000 million pesos, according to the National Banking and Securities Commission (CNBV).

In a recent statement, the Mexican Stock Exchange detailed that among the most active issuers of this type of instrument are the financial sector (20.16%), followed by the Development Banking sector (16.54%), Frequent Consumption (15.48%) and Infrastructure. (13.60%).

With information from Reuters