Bond Mexica 0% ( MXBIGO000NC3 ) in MXN
Issuer | Mexica |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/07/2019 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 10 MXN |
Total amount | 35 000 000 000 MXN |
Detailed description |
Mexico is a country in North America with a rich history spanning pre-Columbian civilizations, Spanish colonial rule, and a vibrant modern era, known for its diverse culture, stunning landscapes, and significant contributions to art, literature, and cuisine. This financial article reviews the sovereign bond identified by ISIN MXBIGO000NC3, an instrument issued by the United Mexican States, a major emerging market economy and a key trading partner in North America, to finance its governmental operations. Denominated in Mexican Pesos (MXN), this specific issuance had a substantial total size of MXN 35,000,000,000, and despite featuring a 0% interest rate, implying it was potentially a zero-coupon bond issued at a discount, it maintained a market price of 100% upon its final settlement, with a minimum purchase size of 10 units. The bond successfully reached its maturity date on July 4, 2019, at which point the principal was fully redeemed and repaid to investors, completing its lifecycle as a debt obligation of the Mexican government, with its single payment frequency referring to this final principal repayment. |