US EditionChange Hr to Mexico's Stable Rating Perspective
9 Articles
9 Articles
HR Ratings ratified the rating of the Mexican debt in BBB+, three steps above the investment grade, and changed its perspective from “negative” to “stable”, as “result of improvements in the main fiscal metrics” to evaluation, explained the Mexican qualifier.
The qualifier estimated that the debt to GDP (measured in terms of the Historical Balance) will end 2025 at 52.2 percent, below what was projected last November, when it allocated the negative perspective. Credit: Courtesy HR Ratings ratified the long-term rating of HR BBB+, changing the perspective from negative to stable, and short-term of HR3 for the Sovereign Debt of Mexico. "The ratification and change in the perspective of the sovereign ra…
Mexico managed to stabilize its debt and improve its fiscal position after a year of high financial tension. HR Ratings ratified the sovereign rating in HR BBB+ and raised the prospect of a negative to stable, thanks to a lower pressure on the deficit and a moderate reduction in public debt, which will close 2025 by 52.2% of GDP. The change reflects the consolidation efforts undertaken by the Ministry of Finance, which cut current spending, adju…
Read time approx.: 2 minutes, 28 secondsThe action responds to the improvement in the main fiscal metrics that the agency evaluates for the country. It highlighted that the Mexican debt Historical Balance concluded 2024 in 51.3%, lower than the November expectation, of 52.2%. The short- and medium-term risks gravitate around the renegotiation of the T-MEC and the narrow margins for further fiscal consolidation. The HR Ratings qualifier said on T…
The HR Ratings agency ratified the credit rating of Mexico and Mexican Petroleum (Pemex) in ‘BBB’, while improving the outlook of both the sovereign and the oil company from ‘negative’ to ‘stable’. This adjustment found support in the greater fiscal discipline, the control of public indebtedness and government support for the oil company, according to the qualifier. In the case of the sovereign’s note, HR Ratings considered the improvement of fi…
HR Ratings confirmed Mexico's credit rating for BBB+ and changed the perspective from negative to stable, in the midst of the Senate's discussion of the Income Law 2026 and on the eve of next year's discussion of the Budget in the Chamber of Deputies.The ratification and change in the perspective of Mexico's sovereign rating is the result of the improvement in the level of public debt expected for the closure of 2025, according to HR Ratings' as…
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