US EditionStandard and Poor’s Rate the Degree of Investment for Mexico
12 Articles
12 Articles
Mexico’s public finances, especially the debt burden, tend to stabilize this year, despite the low growth of the economy, Standard and Poor’s (S&P) said yesterday, announcing that it ratified the rating of the debt issued in foreign currency by the federal public sector, which keeps it within the so-called “degree of investment,” which indicates a minimum risk of default.
CITY OF MEXICO.— The agency Standard & Poor’s confirmed Mexico’s credit rating in BBB, with a stable perspective, which allows the country to retain the degree of investment. Claudia Sheinbaum’s administration celebrated the endorsement as a sign of confidence in its economic management. The government stressed that this decision adds to the ratification of other international agencies and keeps the country’s sovereign note at levels of investme…
Editorial The qualifier Standard and Poor’s reported this Monday that it maintains Mexico’s sovereign rating in “BBB” for foreign currency debt. The note is within the degree of investment, indicating a minimum risk of non-compliance. At the same time, the qualifier reported that it maintains the “stable” perspective, that is, that in a forthcoming review of 12 to 18 months it does not anticipate changes. With this ratification, Mexico maintains…
Mexico’s sovereign debt remains with a degree of investment. The qualifier highlights fiscal discipline and monetary prudence. Finance ensures that the country retains favorable access to financial markets. Rating ratified The agency Standard & Poor’s confirmed this Monday the note of Mexico’s sovereign debt in foreign currency in “BBB” with a stable perspective, keeping it within the degree of investment and pointing to a low risk of default. F…
The S&P Global Ratings reiterated in “BBB” the long-term note in foreign currency in Mexico. The agency also reaffirmed in “BBB+” the long-term classification in local currency. The outlook is stable. The institution expects a stabilization of Mexican public accounts and debt burden, despite the slow economic growth. S&P provides that the country’s Gross Domestic Product (PIB) will grow less than 1% this year and 1.4% in the next year, before re…
Reading time approx.: 1 minutes, 48 secondsThe agency anticipated that public finances, especially the debt burden, would stabilize this year despite low economic growth. "We hope that Claudia Sheinbaum's government will manage pragmatically the tensions on trade between Mexico and the United States, immigration and other issues to maintain economic stability," she added in her argument The S&P Global Ratings credit rating agency affirmed on Mon…
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