{
  "id": 3173593,
  "title": "Mexico eyes first Samurai bond since 2024 with multi-part sale",
  "url": "https://urgent.news/2026/08/25/mexico-eyes-first-samurai-bond-since-2024-with-multi-part-sale",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T01:56:00.000Z",
  "source": {
    "name": "Japan Times",
    "slug": "japan-times",
    "url": "https://www.japantimes.co.jp/business/2026/08/25/mexico-samurai-bond/"
  },
  "original_language": "en",
  "account": "Mexico plans to issue Samurai bonds on Japanese markets for the first time in two years. The country aims to sell yen-denominated notes in up to six tranches, with maturities ranging from 3.5 to 20 years. Pricing for the bonds is expected on August 28, with initial price talks ranging from 100 to 200 basis points over Tokyo overnight average rate mid-swaps. The last sale of these bonds by Mexico occurred in August 2024, with a total issuance of ¥152.2 billion. The timing of this new sale coincides with Mexico facing pressure on its credit ratings. In May, S&P Global Ratings downgraded Mexico's outlook to negative due to poor fiscal performance, increasing debt levels, and weak economic growth. Moody's Ratings followed suit by lowering the country to the lowest tier of investment grade, citing limited government support for state-owned oil company Petróleos Mexicanos. Additionally, Mexico is dealing with trade uncertainties as the U.S. announced it would not renew the US-Mexico-Canada Agreement, leading to collapsed U.S.-Canada trade talks and questions about the future of Mexico's trade negotiations.",
  "summary": "The Latin American country is looking to issue yen-denominated notes in as many as six tranches, with maturities ranging from 3.5 years to 20 years, a source has said.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}