BBVA México acted as placement agent in the successful issuance of bond certificates by the National Bank for Public Works and Services, S.N.C. (Banobras), for a total amount of 20 billion MXN across three tranches.
The issuance received the highest national-scale credit rating, AAA(mex), assigned by Fitch México, Moody’s Local, and S&P Global Ratings, reflecting Banobras’ strong credit quality and the low risk perception associated with its obligations. The transaction achieved an oversubscription rate of 2.1 times the initial offering amount of 10 billion MXN.
The transaction attracted participation from the country’s most significant institutional investors, demonstrating investor interest and confidence in the execution of Banobras’ strategy, which is supported by its sound financial performance and strategic role in Mexico.
President Claudia Sheinbaum Pardo highlighted that the Housing for Well-Being Program is progressing successfully, with 274,000 housing units currently under construction toward the administration’s goal of 1.8 million housing units, which are expected to benefit nearly 7 million people across the country.
To date, 24,500 housing units have been delivered, contracts have been awarded for 604,000 additional units that will soon begin construction, and 5.1 million mortgage loans have been restructured.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2026/06/N_CONAVIa.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2026-06-16 10:34:052026-06-16 11:37:04274,000 Housing Units Under Construction
President Claudia Sheinbaum Pardo inaugurated the Combined-Cycle Power Plant (CCPP) of the Federal Electricity Commission in Manzanillo as part of the actions aimed at guaranteeing energy sovereignty and national sovereignty. The facility will add 357 megawatts (MW) of generation capacity, bringing the total capacity of the Manzanillo Complex to 2,860 MW, benefiting 800,000 users, businesses, service providers, and industries across Mexico’s western region.
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• The projects, which include federal highways, freeways, bridges, and roads, will generate 54,414 jobs.
• In 2026, the investment will reach 9.2 billion pesos, creating more than 27,600 jobs.
The Mexican government, through the Ministry of Infrastructure, Communications, and Transportation (SICT), will invest 18.138 billion pesos during this six-year term to improve highway infrastructure, bridges, and roads in the state of Veracruz, generating 54,414 jobs.
At the “People’s Conference,” led by the President of Mexico, Claudia Sheinbaum Pardo, the head of SICT, Jesús Esteva Medina, highlighted that in 2026 alone, the investment in these areas will reach 9.2055 billion pesos, creating 27,616 jobs.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/04/N_Tren_Mexico-Queretaro_22.png203610agarmendhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngagarmend2026-06-08 15:11:092026-06-08 15:23:04Investment of more than 18 billion pesos in highway infrastructure in Veracruz
At a press conference in Coatzacoalcos, Veracruz, Pemex CEO Juan Carlos Carpio stated that the petrochemical industry’s recovery plan includes a comprehensive investment of 93 billion pesos between 2026 and 2030 to increase national petrochemical production to 849,000 tons annually and fertilizer production to over 4 million tons. He reported that this will be achieved through projects to rehabilitate existing infrastructure and construct new facilities.
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The Government of Mexico, through the Ministry of Infrastructure, Communications and Transportation (SICT), reported that 69.299 billion MXN will be invested this year to improve the country’s highway infrastructure.
The head of the SICT, Jesús Esteva Medina, announced that 5.999 billion MXN will be allocated to the construction of 388 artisanal roads spanning 888 kilometers across 18 states.
Under the National Highway Conservation Program, work is being carried out on a regional basis to provide nationwide coverage. For 2026, investment will amount to 41.188 billion MXN, and more than 12,860 kilometers of highways will be improved.
During President Claudia Sheinbaum Pardo’s press conference on June 2, 2026, the President stated that an agreement will be signed with Petrobras, which she described as an expert in deepwater exploration and production. She also noted that the company has specialized technology to determine whether additional oil reserves may exist at greater depths in previously exploited mature fields that currently produce only limited volumes of oil, such as Cantarell.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2018/05/N_CNH.jpg209600lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2026-06-03 13:03:212026-06-04 13:33:26Petrobras–Pemex Agreement for Deepwater Exploration and Production Under Discussion
Rating and Investment Information, Inc. (R&I) affirmed Mexico’s long-term foreign-currency sovereign credit rating at BBB+ with a stable outlook.
The agency highlighted the Government of Mexico’s commitment to fiscal consolidation and the gradual reduction of the deficit, which will help keep public debt on a sustainable and manageable path. It also underscored the strength of Mexico’s export sector, the Government of Mexico’s commitment to fiscal consolidation, and a sustainable debt trajectory.
With this decision, Mexico maintains investment-grade status with all eight credit rating agencies that assess its sovereign debt.
Source: Ministry of Finance and Public Credit (SHCP)
https://www.proyectosmexico.gob.mx/wp-content/uploads/2021/05/N_Calificacdoras.jpg203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2026-06-01 15:46:572026-06-02 15:09:36R&I Affirms Mexico’s Sovereign Credit Rating at BBB+ with a Stable Outlook
In the context of the signing of the Modernized Global Agreement on May 22, the European Investment Bank, in coordination with the Mexican authorities, will seek to consolidate its position as one of the main financial actors in this new phase of economic integration, which is expected to mobilize more than 3 billion euros for Mexico’s strategic projects.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/07/N_Grafica.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2026-05-26 11:40:012026-05-27 11:18:52Record Foreign Direct Investment in Q1 2026
Source: Ministry of Economy
