Mexico issues ‘world’s first’ sovereign bond linked to U.N. sustainability goals

Investing.com | Sep 15, 2020 at 2:00 AM
  • Mexico on Monday issued what it described as the world’s first sovereign bond linked to the sustainability development goals set by the United Nations, raising 750 million euros ($889.73 million).
  • The bond is part of an emerging trend of debt issuance aimed at raising funds that attempt to tackle social, environmental and other issues.
  • A draft circulated by members of Congress also appeared to outline a slight increase in real terms for national oil company Petroleos Mexicanos over its planned 2020 budget.