February 13, 2020 / 11:42 PM / a month ago

Mexico to issue $425 mln in catastrophe bonds in coming weeks

MEXICO CITY, Feb 13 (Reuters) - The Mexican government will in the coming weeks issue catastrophe bonds worth about $425 million, Finance Minister Arturo Herrera said on Thursday.

“These bonds cover risks associated with large-scale natural disasters,” Herrera wrote in a post on Twitter, adding that the process to begin the issuance was launched on Wednesday. (Reporting by Drazen Jorgic; Editing by David Alire Garcia)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below