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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2026/06/N_CFE_CCC1.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2026-06-15 15:34:562026-06-15 17:30:53New Combined-Cycle Power Plant in Manzanillo, Colima
• 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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2016/09/N_Pemex3.png203610agarmendhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngagarmend2026-06-08 10:30:132026-06-08 15:12:38Mixed investment of 93 billion pesos in petrochemicals and fertilizers
Banobras Successfully Places 20 Billion MXN in Bond Certificates
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.
Source: BBVA
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274,000 Housing Units Under Construction
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.
Source: Presidency of the Republic
Go to press release
New Combined-Cycle Power Plant in Manzanillo, Colima
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.
Source: Presidency of the Republic
Go to press release
CFE Press Release
Investment of more than 18 billion pesos in highway infrastructure in Veracruz
• 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.
Source: SICT
Go to press release
Mixed investment of 93 billion pesos in petrochemicals and fertilizers
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.
Source: Presidency
Go to press release
Stenographic version