Through Actions to Support the Economy, total resources for MXP 485 billion will be channelled to boost the development of infrastructure and to finance private investment and consumption. Likewise, federal government tenders of fiscal year 2020 will be anticipated that, with additional actions, will strengthen the response capacity of the national productive apparatus.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2019/06/La-Secretaría-de-Hacienda-y-Crédito-Público-Anuncia-Acciones-Para-Apoyar-La-Economía.jpg203504vvelascohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngvvelasco2019-07-30 08:52:222019-07-30 14:35:25THE MINISTRY OF FINANCE ANNOUNCES ACTIONS TO SUPPORT THE MEXICAN ECONOMY
Mexico-Puebla highway granted to the National Infrastructure Fund
The Ministry of Finance, through the National Infrastructure Fund (FONADIN for its acronym in Spanish), successfully launched the transaction in the local market, raising 6.2 billion pesos in two series. A 3.9 billion pesos tranche was placed in Investment Units (UDIS for its acronym in Spanish) with a yield of 4.67%, while a second tranche for 2.3 billion pesos was issued in pesos with a yield of 9.11%.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.png00jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngjfrancoo2019-06-14 15:23:132019-06-17 11:17:14The Mexican Ministry of Finance announces the successful reopening of toll roads securitization
The placement was done under favorable conditions, and consisted of 3, 10 and 15 year tranches, some of them sustainable bonds, reaffirming the confidence of investors in the Institution while promoting the development of the local debt market
Funds raised through sustainable bonds will be used to finance and refinance green projects with high social impact.
The transaction was well received by the investors; a total demand of more than 42 billion pesos was recorded, representing 4.2 times the amount issued.
With this transaction, Banobras became the first issuer to list sustainable bonds in the Institutional Stock Exchange (BIVA for its acronym in Spanish), and the first issuer of a 15-year thematic bond.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2019/06/N_grafica.jpg203504jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngjfrancoo2019-06-14 15:21:002019-06-17 11:19:51Banobras successfully issued a 10 billion peso bond in the local market
Mexico Projects Hub initiates the effort to incorporate information of sustainability practices of the projects, in collaboration with the Inter-American Development Bank (IDB), and based on its methodological framework defined in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which can be consulted HERE.
The inclusion of a first group of 20 fact sheets is considered to be concluded during June 2019. Subsequently and gradually, the fact sheets of the rest of the projects included in the platform will be incorporated.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2018/08/Logo-sotenibilidad.jpg203504jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngjfrancoo2019-05-31 11:32:432019-06-12 11:59:06MEXICO PROJECTS HUB INITIATES THE EFFORT TO INCORPORATE INFORMATION OF SUSTAINABILITY PRACTICES OF INVESTMENT PROJECTS
Banobras receives ALIDE award for best practice of the year in information, technical assistance and social responsibility
Within the framework of its forty-ninth General Assembly, the Latin American Association of Development Financial Institutions (ALIDE), gave the award of Best Practice of the Year in the category of Information, Technical Assistance and Social Responsibility to Banco Nacional de Obras y Servicios Públicos (Banobras) for its platform Mexico Projects Hub.
Mexico Projects Hub is a platform that promotes the main infrastructure and energy projects in their different stages, sponsored by the Government of Mexico and that require long-term debt or private capital.
Likewise, the platform contains information regarding the investment cycle of those sectors with the greatest impact in the development of infrastructure, legislation, model contracts, as well as documentation related to public-private partnerships.
Mexico Projects Hub concentrates and disseminates information from 45 official sources and offers its users free and online access to bilingual information, permanently updated and accessible through interactive modules. These characteristics make it unique in the world, and have allowed the establishment of strategic alliances with multilateral organizations, such as the Inter-American Development Bank (IDB), the International Finance Corporation (IFC) and the Organization for Economic Cooperation and Development (OECD).
To date, 760 projects have been incorporated: 567 greenfields and brownfields and 111 investment vehicles. Mexico Projects Hub has over 35 thousand monthly users and in two years it has been consulted over 1.3 million times. In March 2019, the platform received more than 1,800 daily visits from more than 1,400 users, and form 145 countries.
ALIDE’s main objective is to contribute to the economic and social development of the region through the promotion of best financial practices among its members, such as the financing of inclusive, responsible and sustainable projects.
ALIDE Awards were established in 2008 to identify and recognize best practices and innovation of products and services within Latin American and the Caribbean development banks, as well as to recognize the effort of these institutions to foster economic growth and social development of the countries in the region.
THE MINISTRY OF FINANCE ANNOUNCES ACTIONS TO SUPPORT THE MEXICAN ECONOMY
Through Actions to Support the Economy, total resources for MXP 485 billion will be channelled to boost the development of infrastructure and to finance private investment and consumption. Likewise, federal government tenders of fiscal year 2020 will be anticipated that, with additional actions, will strengthen the response capacity of the national productive apparatus.
Source: Ministry of Finance
Go to the announcement
The Mexican Ministry of Finance announces the successful reopening of toll roads securitization
Mexico-Puebla highway granted to the National Infrastructure Fund
The Ministry of Finance, through the National Infrastructure Fund (FONADIN for its acronym in Spanish), successfully launched the transaction in the local market, raising 6.2 billion pesos in two series. A 3.9 billion pesos tranche was placed in Investment Units (UDIS for its acronym in Spanish) with a yield of 4.67%, while a second tranche for 2.3 billion pesos was issued in pesos with a yield of 9.11%.
Source: Ministry of Finance
Go to the announcement
Banobras successfully issued a 10 billion peso bond in the local market
The placement was done under favorable conditions, and consisted of 3, 10 and 15 year tranches, some of them sustainable bonds, reaffirming the confidence of investors in the Institution while promoting the development of the local debt market
Source: GOB.MX
Go to the announcement
MEXICO PROJECTS HUB INITIATES THE EFFORT TO INCORPORATE INFORMATION OF SUSTAINABILITY PRACTICES OF INVESTMENT PROJECTS
Mexico Projects Hub initiates the effort to incorporate information of sustainability practices of the projects, in collaboration with the Inter-American Development Bank (IDB), and based on its methodological framework defined in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which can be consulted HERE.
The inclusion of a first group of 20 fact sheets is considered to be concluded during June 2019. Subsequently and gradually, the fact sheets of the rest of the projects included in the platform will be incorporated.
For more information click HERE.
Banobras receives 2019 ALIDE Award
Banobras receives ALIDE award for best practice of the year in information, technical assistance and social responsibility
Within the framework of its forty-ninth General Assembly, the Latin American Association of Development Financial Institutions (ALIDE), gave the award of Best Practice of the Year in the category of Information, Technical Assistance and Social Responsibility to Banco Nacional de Obras y Servicios Públicos (Banobras) for its platform Mexico Projects Hub.
Mexico Projects Hub is a platform that promotes the main infrastructure and energy projects in their different stages, sponsored by the Government of Mexico and that require long-term debt or private capital.
Likewise, the platform contains information regarding the investment cycle of those sectors with the greatest impact in the development of infrastructure, legislation, model contracts, as well as documentation related to public-private partnerships.
Mexico Projects Hub concentrates and disseminates information from 45 official sources and offers its users free and online access to bilingual information, permanently updated and accessible through interactive modules. These characteristics make it unique in the world, and have allowed the establishment of strategic alliances with multilateral organizations, such as the Inter-American Development Bank (IDB), the International Finance Corporation (IFC) and the Organization for Economic Cooperation and Development (OECD).
To date, 760 projects have been incorporated: 567 greenfields and brownfields and 111 investment vehicles. Mexico Projects Hub has over 35 thousand monthly users and in two years it has been consulted over 1.3 million times. In March 2019, the platform received more than 1,800 daily visits from more than 1,400 users, and form 145 countries.
ALIDE’s main objective is to contribute to the economic and social development of the region through the promotion of best financial practices among its members, such as the financing of inclusive, responsible and sustainable projects.
ALIDE Awards were established in 2008 to identify and recognize best practices and innovation of products and services within Latin American and the Caribbean development banks, as well as to recognize the effort of these institutions to foster economic growth and social development of the countries in the region.