Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mexico Bonds Rally as Investors Seek Yield; Peso Little Changed

Mexican peso bond yields fell to the lowest in two weeks as concern that global growth is slowing and the outlook for prolonged low interest rates in developed nations fueled demand for the higher-yielding assets.

Yields on peso bonds due in 2024 fell three basis points, or 0.03 percentage point, to 5.48 percent at 4 p.m. in Mexico City, according to data compiled by Bloomberg. The price rose 0.28 centavo to 140.35 centavos per peso. It was the lowest closing yield since Aug. 14. The peso dropped 0.1 percent to 13.1880 per U.S. dollar.

German business confidence fell for a fourth straight month in August as the sovereign debt crisis curbed growth in Europe’s largest economy, data showed. Mexican bonds, known as Mbonos, are rallying as investors seek higher-yielding assets amid projections for weak global growth, said Vivienne Taberer, who helps manage about $10.3 billion in emerging-market debt and currencies at Investec Asset Management.

“That remains supportive of emerging-market bonds generally,” Taberer said in a telephone interview from Cape Town. “Mbonos -- being one of the bigger, deeper, more liquid markets -- are going to be the beneficiary of that.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.