Pemex’s Jumbo Debt Sale Pushes Mexico Issuance to Monthly Record

The entrance to a Pemex office in Ciudad del Carmen, Campeche state, Mexico.

Photographer: Cesar Rodriguez/Bloomberg

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Petroleos Mexicanos’s sale of 31.5 billion pesos ($1.8 billion) in local currency debt last week — the biggest ever in local markets — pushed monthly sales in Mexico to a record, even though it is only half way through February.