Background on the Mexican Secretariat of Finance
The Mexican Secretariat of Finance and Public Credit (SHCP) is the primary financial agency responsible for managing Mexico’s public finances. It oversees fiscal policy, debt management, and financial stability in Mexico. The SHCP plays a crucial role in ensuring the country’s financial health and sustainability.
Details of the Bond Redemption Process
SHCP Initiates Early Redemption of Bonds:
On this Wednesday morning, the Mexican Secretariat of Finance and Public Credit (SHCP) announced that it has commenced the early redemption process for two bonds with scheduled amortizations due in 2026. The total amount for redemption is $3,593 million.
Bond Breakdown:
- The first bond amounts to $2,060 million.
- The second bond totals €1,327 million, which is equivalent to $1,533 million.
“These operations strengthen the strategy of reducing exposure to external shocks in the government’s portfolio and maintaining sound and sustainable public finances,” stated Hacienda in a press release.
Mexico’s Debt Refinancing Efforts
Mexico has already refinanced a total of $6,094 million in external debt this year alone.
INFORMATION IN PROGRESS…
Key Questions and Answers
- What is the purpose of this early redemption process? The Mexican Secretariat of Finance aims to strengthen its strategy for reducing exposure to external shocks in the government’s portfolio and maintain sound and sustainable public finances.
- Which bonds are involved in this process? The early redemption involves two bonds: one totaling $2,060 million and another equivalent to €1,327 million or $1,533 million.
- How much external debt has Mexico refinanced so far in 2025? Mexico has refinanced a total of $6,094 million in external debt by the end of 2025.
