Pemex’s Jumbo Debt Sale Pushes Mexico Issuance to Monthly Record

Petroleos Mexicanos’s sale of 31.5 billion pesos ($1.8 billion) in local currency debt last week — the biggest ever in local markets — pushed monthly sales in Mexico to a...

By Kelsey Butler · Bloomberg Markets

Petroleos Mexicanos’s sale of 31.5 billion pesos ($1.8 billion) in local currency debt last week — the biggest ever in local markets — pushed monthly sales in Mexico to a record, even though it is only half way through February.