Latin America
Best sovereign borrower (jointly awarded)
Mexico
After a world-beating performance last year, when the United States of Mexico easily won the global best sovereign borrower award, it was hard to see what the country could do to improve. And in fact the past year has not been nearly as headline-grabbing as the previous 12 months were. But that’s a good thing: no borrower wants to be making waves the whole time. And what Mexico has done, it has done extremely professionally, ahead of the curve, and with continually tightening spreads.
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