Pemex 6.35% 2048 bond (US71654QCL41)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/US71654QCL41
Pemex's 6.35% USD bond maturing 2048-02-12 (US71654QCL41) yields 9.08% to worst as of 2026-10-27. That is 375 bp over the US Treasury curve at the same maturity and 31 bp above the fitted Mexico High Yield (BB–D) Corporate Bond (USD) curve.
Against its curves
Each curve's fitted yield at this bond's maturity (at its call date, where it is priced to call), and the bond's spread to it.
| Curve | Curve yield | Spread |
|---|---|---|
| US Treasury Yields | 5.33% | +375 bp |
| Pemex Bond Yields (USD) | 9.02% | +6 bp |
| Mexico High Yield (BB–D) Corporate Bond Yields (USD) | 8.77% | +31 bp |
| US High Yield (BB–D) Oil & Gas Corporate Bond Yields (USD) | 7.43% | +164 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 7.96% | +112 bp |
The bond
| ISIN | US71654QCL41 |
|---|---|
| Issuer | Pemex |
| Issuer type | Corporate |
| Country | Mexico |
| Sector | Oil & Gas |
| Currency | USD |
| Coupon | 6.35% |
| Coupon frequency | Semiannual |
| Maturity | 2048-02-12 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 9.08% |