Macro Analysis /
Global

Mexico: S&P maintains Mexico’s rating at ‘BBB’, with a negative outlook

  • S&P Global ratified Mexico’s sovereign long-term foreign currency credit rating at ‘BBB’, with a negative outlook

  • Prudent macro management, access to international markets and integration under USMCA are positive for the country

  • We reiterate our view that Mexico will remain an investment grade issuer in the short- and medium-term

Alejandro Padilla Santana
Alejandro Padilla Santana

Executive Director of Economic Research and Financial Markets Strategy

Contributors
Manuel Jimenez Zaldivar
Francisco Jose Flores Serrano
Juan Carlos Alderete Macal
Banorte
8 December 2021
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