Bond Mexica 0% ( MXBIGO000R09 ) in MXN
Issuer | Mexica |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 04/03/2021 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 10 MXN |
Total amount | 14 000 000 000 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. An analysis of the debt instrument identified by ISIN MXBIGO000R09, a sovereign bond issued by Mexico, provides insight into a recently concluded financial obligation. Mexico, an influential emerging market economy and a consistent issuer in global debt markets, leverages such instruments to fund its national budget and manage its extensive public debt. This specific bond, denominated in Mexican Pesos (MXN), represented a significant issuance with a total aggregate value of 14,000,000,000 MXN, available for investor acquisition in minimum units of 10. A distinctive characteristic of this bond was its stated interest rate of 0%, indicating it operated either as a zero-coupon instrument, initially sold at a discount and redeemed at par, or as a vehicle where investor returns were exclusively tied to the principal's full repayment rather than periodic interest distributions; this attribute aligns with its recorded payment frequency of 1, likely referring to the singular principal redemption event. Having reached its maturity on March 4, 2021, the bond's market price was recorded at 100% of its par value, accurately reflecting its imminent and now completed full repayment, as the obligation has successfully matured and been fully reimbursed to its holders. |