Connect with us


The worlds first sovereign link related to UN goals enters the market



Mexico on Monday released what it described as the world’s first sovereign bond linked to the United Nations’ sustainable development goals, raising 750m euros ($ 889.73m).

Deputy Finance Minister Gabriel Yorio said reducing inequality, financial inclusion and the gender gap were among the UN goals.

Mexico is the first country to issue a sovereign link related to the UN Sustainable Development Goals, he wrote on Twitter. Our country starts its sustainable financing program as a pioneer.

The government did not specify how it would spend the money raised. Preliminary bond investment prospects warned that there was no guarantee that Mexico would make disbursements for projects that meet UN characteristics.

The bond is part of an evolving debt issuance trend aimed at raising funds that seek to address social, environmental and other issues. It was more than six times subscribed.

Read also: JPMorgan debuts in green bond market with $ 1 billion deal

The 1,350 percent coupon was the second lowest among all euro-denominated bonds issued by the Mexican federal government, the ministry said, allowing the government to borrow at an attractive rate. The bond matures in September 2027.

The Ministry of Finance added that the euro bond allowed Mexico to use international investment funds, many of them in Europe, which are committed to financing sustainable economic development.

Mexico unveiled a tight budget last week that envisions cuts in most sectors.

Areas covered by additional funding included health. A draft circulated by members of Congress also appears to describe a slight increase in real terms for the national oil company Petroleos Mexicanos over its planned budget for 2020.

He also detailed about $ 2 billion for the construction of Dos Bocas, a new oil refinery.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content