Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

February 24, 2003
2003-2-24-18-17-11-20575

U.S. Treasury Statement Regarding the Decision by Mexico to Issue Bonds with Collective Action Clauses

Mexico announced today its intention to issue external bonds with collective action clauses.

The United States strongly supports and welcomes Mexico’s decision.  Mexico has been one of the top performing emerging markets in recent years, reflecting the country’s sound policies and economic fundamentals.  As a solid investment grade borrower, Mexico is making an important contribution to strengthening the international financial system.