Mexico Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-mexico-callable
Mexico Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.17%, fitted curve 6M–30Y (5.43%–6.87%), 90 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 5.43% | — |
| 9M | 5.45% | 5.49% |
| 18M | 5.51% | 5.58% |
| 2Y | 5.55% | 5.68% |
| 3Y | 5.64% | 5.81% |
| 4Y | 5.72% | 5.97% |
| 5Y | 5.80% | 6.13% |
| 6Y | 5.88% | 6.28% |
| 7Y | 5.96% | 6.42% |
| 8Y | 6.03% | 6.55% |
| 9Y | 6.10% | 6.67% |
| 10Y | 6.17% | 6.78% |
| 15Y | 6.46% | 7.03% |
| 20Y | 6.66% | 7.26% |
| 25Y | 6.79% | 7.32% |
| 30Y | 6.87% | 7.29% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.55% and the 10-year 6.17%, a 10Y−2Y spread of +62 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.55% | 5.27% | 5.24% | 5.15% | 4.95% | 4.85% | 4.93% |
| 10Y | 6.17% | 6.31% | 6.23% | 5.99% | 6.25% | 5.65% | 5.76% |
| 10Y − 2Y | +62 bp | +104 bp | +98 bp | +84 bp | +130 bp | +80 bp | +82 bp |
Yields by rating group
The same curve split by credit quality: 117 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.99%, Speculative 6.72%.
Bonds in this curve
A selection of 30 of the 124 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Petroleos Mexicanos | 5.78% | 2027-01-23 | 6.49% | US71654QDB59 |
| Petroleos Mexicanos | 4.76% | 2027-03-13 | 6.50% | US71654QCG55 |
| Banco Inbursa S A | 4.93% | 2027-04-11 | 4.38% | USP13296AM37 |
| Banco Inbursa S A | 4.81% | 2027-04-11 | 4.38% | US05969LAB71 |
| Infraestructura Energetica Nova S.A.B. de C.V. | 5.40% | 2028-01-14 | 3.75% | USP56145AA66 |
| Petroleos Mexicanos | 5.26% | 2028-02-12 | 5.35% | US71654QCK67 |
| Mexico City Airport Trust | 6.33% | 2028-04-30 | 3.88% | USP6629MAC66 |
| America Movil SAB de CV | 5.20% | 2029-04-22 | 3.62% | US02364WBH79 |
| Industrias Penoles S.A.B. de C.V. | 5.39% | 2029-09-12 | 4.15% | USP55409AA77 |
| Cemex SAB de CV | 5.51% | 2029-11-19 | 5.45% | USP2253TJN02 |
| America Movil SAB de CV | 5.17% | 2030-05-07 | 2.88% | US02364WBJ36 |
| Cemex SAB de CV | 5.45% | 2030-09-17 | 5.20% | USP2253TJQ33 |
| Comision Federal de Electricidad | 6.15% | 2031-02-09 | 3.35% | USP29595AD08 |
| Alpek S.A.B. de C.V. | 6.71% | 2031-02-25 | 3.25% | USP01703AD22 |
| Sitios Latinoamerica | 5.31% | 2032-04-04 | 5.38% | USP0R80BAG79 |
| Coca-Cola Femsa S.A.B. de C.V. | 5.35% | 2032-09-01 | 1.85% | US191241AJ70 |
| Comision Federal de Electricidad | 6.45% | 2033-07-26 | 3.88% | USP30179BK34 |
| Trust Fibra UNO | 6.41% | 2034-02-13 | 7.38% | US89834JAA16 |
| Gruma SAB de CV | 5.63% | 2034-12-09 | 5.39% | USP4948KAH88 |
| America Movil SAB de CV | 5.37% | 2035-03-01 | 6.38% | US02364WAJ45 |
| Cometa Energia SA de CV | 6.14% | 2035-04-24 | 6.38% | USP29853AA99 |
| Cemex SAB de CV | 6.09% | 2036-06-05 | 5.75% | US151290CD37 |
| America Movil SAB de CV | 5.78% | 2037-11-15 | 6.12% | US02364WAP05 |
| Grupo Televisa SAB | 8.17% | 2040-01-15 | 6.62% | US40049JAZ03 |
| America Movil SAB de CV | 5.91% | 2042-07-16 | 4.38% | US02364WBE49 |
| Sigma Alimentos | 6.49% | 2044-03-25 | 6.88% | USP0156PAC34 |
| Grupo Bimbo SAB de CV | 6.01% | 2044-06-27 | 4.88% | USP4949BAK00 |
| America Movil SAB de CV | 5.99% | 2049-04-22 | 4.38% | US02364WBG96 |
| Grupo Bimbo SAB de CV | 6.12% | 2049-09-06 | 4.00% | USP4949BAP96 |
| Gruma SAB de CV | 6.22% | 2054-12-09 | 5.76% | USP4948KAJ45 |