SHCP: Bond Issuance of Approximately 13.8 Billion USD

As part of the conclusion of the capitalization and financing operations of Petróleos Mexicanos (PEMEX), and in order to optimize the public sector balance, the Ministry of Finance and Public Credit (SHCP) announced, between September 15 and 16, the issuance of a basket of euro and dollar denominated bonds for a total amount of approximately 13.8 billion USD.

Source: SHCP

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Economic Package 2026

The Ministry of Finance and Public Credit (SHCP) delivers the 2026 Economic Package to the Honorable Congress of the Union

  • It is a proposal for economic policy aimed at guaranteeing social welfare, health, education, and housing programs, while also boosting productive activity through public investment in strategic programs that drive the Mexico Plan, under a vision of development based on well-being and humanism.
  • The Mexico Plan is promoted as the axis of industrial and regional development, with resources equivalent to 2.5% of GDP allocated to physical investment, aimed at strengthening the country’s productive vocations and expanding logistics infrastructure.

Source: SHCP

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Start of Construction of the Northern Train, Saltillo–Nuevo Laredo Section

  • The Government of Mexico, through the Ministry of Infrastructure, Communications and Transportation (SICT), began construction of the Northern Train in the Saltillo–Nuevo Laredo section.
  • With a total length of 1,200 km, the Northern Train will run from Mexico City to Nuevo Laredo. The Saltillo–Nuevo Laredo section will cover 396.34 km, starting with the Unión San Javier–Arroyo El Sauz stretch, 105 km in length.

Source: SICT

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CFE Fibra E Announces First Bond Issuance in Its History

  • CFE Fibra E is the first Energy and Infrastructure Investment Trust in Mexico.
  • CFE Fibra E is returning to the markets with a bond issuance in the coming days to strengthen the National Transmission Grid.

The resources obtained will be allocated to reinforcing and expanding transmission infrastructure, an essential service for the development of all economic activities, as well as for achieving the energy transition and energy security goals set by President Sheinbaum’s administration, by enabling the delivery of reliable, affordable, and clean energy to more Mexicans.

Source: Federal Electricity Commission (CFE)

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S&P Affirms Mexico’s Credit Rating

  • The rating agency Standard & Poor’s (S&P) reaffirmed Mexico’s long-term foreign currency sovereign debt rating at “BBB,” two notches above the minimum investment-grade threshold.
  • With this announcement, Mexico maintains its investment-grade status with all eight agencies that evaluate its sovereign debt.
  • The stable outlook confirms the expectation that no changes to the rating are anticipated in the short term.

Source: Ministry of Finance and Public Credit (SHCP)

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CFE will invest 8.177 billion USD to strengthen the Transmission Network

From 2025 to 2030, 275 new transmission lines and 524 new works in electrical substations will be built

The Government of Mexico, through the Federal Electricity Commission (CFE) and the Ministry of Energy, announced that, as part of the 2025–2030 Strengthening and Expansion Plan, the National Transmission Network will be reinforced through an investment of 8.177 billion US dollars (USD) for the construction of 275 new transmission lines and 524 new works in electrical substations, with the objective of benefiting 50 million users nationwide.

Source: Presidency of the Republic

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Launch of the Chetumal I Wellbeing Development Hub

The Ministry of Economy (Secretaría de Economía, SE) and the Government of the State of Quintana Roo have launched the Chetumal I Wellbeing Development Hub.

Today, the Secretary of Economy, Marcelo Ebrard, and the Governor of Quintana Roo, Mara Lezama, led the signing of the agreement that formally marks the start of work for the construction of the Chetumal I Wellbeing Development Hub.

Source: Ministry of Economy (Secretaría de Economía, SE)

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Pemex: 2025–2035 Strategic Plan

The Ministry of Energy (SENER), the Ministry of Finance and Public Credit, and Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company, jointly present the ten-year Strategic Plan, which lays out a vision for both the present and the future.

  • Pemex: 2025–2035 Strategic Plan is a roadmap that defines the company’s financial and production strategy for the next decade, with a long-term outlook.
  • The strategy consolidates energy sovereignty and includes private investment aligned with the national interest.

Source: Petróleos Mexicanos (Pemex)

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Fitch Upgrades Pemex Rating to BB

Last Friday, the credit rating agency Fitch Ratings upgraded Pemex’s long-term issuer default ratings in both foreign and local currency from B+ to BB, with a stable outlook. This two-notch upgrade reflects the strong support provided by the Government of Mexico and underscores the confidence generated by its firm commitment to Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company. The decision aligns with Fitch’s criteria for Government-Related Entities (GREs).

Source: Ministry of Finance and Public Credit

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Pemex Reports Second Quarter 2025 Results

Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company, reports its financial and operating results for the second quarter of 2025. The data reflect the positive impact of a strategy focused on efficient resource use and institutional strengthening.

  • Liquid hydrocarbons production averaged 1,638 thousand barrels per day, while natural gas production reached 3,592 million cubic feet per day.
  • Crude oil processing stood at 987 thousand barrels per day, driving petroleum product output to 1,034 thousand barrels per day.
  • Based on these operating results, Pemex recorded a net income of 60 billion MXN.

Source: Pemex

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