On Friday, the Ministry of Finance and Public Credit (SHCP) executed its second refinancing operation in the local market in 2026, amounting to a total of 175 billion 648 million pesos. This operation is part of the government’s broader strategy to strengthen the profile of the public debt and enhance liquidity conditions. By replacing short-term instruments with longer-term ones, the ministry aligns itself with the Annual Financing Plan for 2026, ensuring a more stable financial outlook for the country.

The SHCP emphasized that this transaction optimizes the maturity schedule and fortifies the structure of the governmental portfolio. In a context of vigilant public finances, the move is intended to signal fiscal discipline to markets, reducing short-term payment pressures and enhancing the yield curve in the local market. This step is crucial for maintaining financial stability and investor confidence in the government's management of its debt obligations.

Overall, the refinancing operation reflects an ongoing commitment by the Mexican government to manage its debts prudently, thereby supporting economic stability. By extending maturities and improving liquidity, the SHCP aims to create a more resilient financial environment that can withstand external pressures, ultimately contributing to the country's fiscal discipline and economic growth prospects.