Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7317
    -0.0006 (-0.09%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    87,426.75
    -1,133.71 (-1.28%)
     
  • CMC Crypto 200

    1,333.87
    -62.66 (-4.49%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6841
    +0.0020 (+0.29%)
     

Mexico tightens price guidance on 2024 and 2045 euro benchmark bonds

By Michael Turner

LONDON, Feb 26 (IFR) - The United Mexican States has tightened the price guidance on its new euro-denominated benchmark-sized 2024 and 2045 bonds, according to a lead.

The March 2024 bond is now being marketed to investors at 120bp area over mid-swaps, inside initial price thoughts of plus 135bp area earlier today.

Guidance on the March 2045 bond has been cut to 195bp area over mid-swaps, from plus 205bp area.

Barclays, Deutsche Bank and Santander are running the deal, which is expected to price today.

Mexico is rated A3 stable by Moody's, BBB+ stable by Standard & Poor's and BBB+ stable by Fitch.

(Reporting By Michael Turner; editing by Sudip Roy)