Mexico Bonds Downgraded to Junk Status Following Pemex Bailout

Mexican government bonds are now trading like junk bonds after a $130 billion bailout of the state-owned oil company Pemex. This financial move has raised concerns among investors regarding Mexico's fiscal health.

25 Aug, 10:30 — 25 Aug, 10:30

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bloombergHigh4d ago

Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

Bond traders have begun to treat Mexican debt like junk after the government has spent $130 billion to bail out state-owned oil giant Petroleos Mexicanos. Bloomberg's Scott Squires explains. (Source: Bloomberg)

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Mexico Bonds Downgraded to Junk Status Following Pemex Bailout

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Mexico Bonds Trade Like Junk After $130 Billion Bailout of Pemex

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