Banobras Successfully Places MXN 17 billion Through Four Bonds in the Local Market

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The Banco Nacional de Obras y Servicios Públicos (Banobras) successfully issued four traditional bonds in the local market—BANOB 26, BANOB 26-2, BANOB 26-3, and BANOB 26-4—for a total amount of MXN 17 billion.

  • The proceeds from these traditional bonds will be allocated to the development of infrastructure in strategic sectors under the administration of President Claudia Sheinbaum Pardo.
  • This placement is the result of ongoing strategic coordination between Banobras and the Ministry of Finance and Public Credit (SHCP), led by Minister Edgar Amador Zamora.
  • A total of 27 institutional investors participated, including broker-dealers, development banks, pension funds (Afores), investment funds, insurance companies, and commercial banks.
  • The transaction was well received, with total demand reaching 1.36 times the amount placed.

Source: Banobras

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