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Rescates de Pemex arrastran los bonos de México a 'categoría basura'

Mexico's credit rating has significantly deteriorated due to financial rescues of the state oil company Pemex, pushing the country toward junk bond status. Once considered a fiscal discipline model among emerging markets with an 'A' rating, Mexico now pays higher interest rates than smaller neighboring countries with lower credit ratings like Guatemala and Panama.

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Rescates de Pemex arrastran los bonos de México a “categoría basura”
Mexico's credit rating has significantly deteriorated due to financial rescues of the state oil company Pemex, pushing the country toward junk bond status. Once considered a fiscal discipline model among emerging markets with an 'A' rating, Mexico now pays higher interest rates than smaller neighboring countries with lower credit ratings like Guatemala and Panama.
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Rescates de Pemex arrastran los bonos de México a “categoría basura”

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