Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

17 December 2017

Search archive

Mexican government confirms bond payout

11 October 2017

The Mexican Ministry of Finance and Public Credit has said it will receive a full payout for its $150mn earthquake catastrophe bond, following confirmation that the parametric triggers have been met.

The request to activate the bond was initiated on 7 September, following an earthquake off the coast of Chiapas. However, for payment to be received, the United States Geological Survey must verify the final parameters. It can be assumed that this confirmation has now been received.

The full $150mn...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π