Mexico reduces external debt by 900 million dollars

This It is the third bond maturing in 2025 that is settled with this mechanism, refinancing a total of almost 4,000 million dollars in maturities scheduled for the first year of government of the next administration, he added.

Minutes earlier, the Undersecretary of the Treasury, Gabriel Yorio, reported on the start of refinancing operations for external and internal debt for 2025, without revealing further details.

“This morning we began an operation in the New York market to reduce 100% of the 2025 external debt payments, providing greater financial flexibility to the next administration,” he said in his X account.

“Additionally, we announced a debt refinancing in the local market to also reduce the debt in pesos of 2025. In these six years, we have refinanced more than 15,000 million dollars, and we are going to monitor the markets to continue with financial operations that benefit the liquidity,” he added.

With information from Reuters.