Which country has become the first to issue world’s first sovereign bond?

  • A. Taiwan
  • B. Thailand
  • C. Mexico
  • D. Cuba

Correct Answer: C. Mexico

Mexico has become the first country in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations. It has raised EUR 750 million ($890 million) by such bonds. The SDG bond will mature in September 2027 and offers a yield to maturity rate of 1.603% and a coupon rate of 1.350%. This new bond was issued under Mexico’s new “SDG Sovereign Bond Framework,” which was released in February in partnership with French investment bank Natixis.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *