Bond Mexica 0% ( MXBIGO000SO7 ) in MXN
Issuer | Mexica |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 09/06/2022 - Bond has expired |
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Minimal amount | 10 MXN |
Total amount | 10 000 000 000 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 analysis focuses on a specific sovereign bond, identified by ISIN code MXBIGO000SO7, issued by the United Mexican States. As a significant sovereign entity, Mexico actively participates in global financial markets to fund its national budget and infrastructure projects, representing a key emerging market economy in the G20. This particular fixed-income instrument was denominated in Mexican Pesos (MXN) and represented a substantial total issuance size of MXN 10,000,000,000, with a minimum acquisition threshold set at 10 units. A notable characteristic of this bond was its 0% interest rate, suggesting it functioned as a zero-coupon instrument where investors likely acquired it at a discount and received the full principal at maturity. The specified payment frequency of '1' further supports this structure, indicating a singular principal repayment event rather than periodic coupon distributions. With a current market price of 100% at the time of its final settlement, the bond reached its maturity date on June 9, 2022, and has since been fully redeemed, confirming the prompt return of invested capital to its holders and highlighting Mexico's consistent record in fulfilling its debt obligations. |