Pemex Bond Yields (USD, Callable)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-mexico-callable-pemex
Pemex Bond Yields (USD, Callable) as of 2026-09-25: 10Y at 8.19%, fitted curve 3M–100Y (5.10%–8.57%), 20 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 5.10% | — |
| 6M | 5.23% | 5.50% |
| 18M | 5.74% | 6.10% |
| 2Y | 5.98% | 6.87% |
| 3Y | 6.44% | 7.59% |
| 4Y | 6.84% | 8.43% |
| 6Y | 7.49% | 9.35% |
| 9Y | 8.07% | 10.07% |
| 10Y | 8.19% | 10.17% |
| 15Y | 8.48% | 9.87% |
| 20Y | 8.55% | 9.32% |
| 25Y | 8.57% | 8.99% |
| 30Y | 8.57% | 8.85% |
| 100Y | 8.57% | 8.76% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.98% and the 10-year 8.19%, a 10Y−2Y spread of +221 bp — positively sloped — as of 2026-09-25. 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 | Latest2026-09-25 | 1m ago2026-08-26 | 2m ago2026-07-13 | 3m ago2026-06-26 | 4m ago2026-05-27 | 5m ago2026-04-28 | 6m ago2026-03-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.98% | 5.61% | — | — | — | 5.86% | — |
| 10Y | 8.19% | — | 7.20% | 7.09% | 7.36% | 7.26% | 7.76% |
| 10Y − 2Y | +221 bp | — | — | — | — | +140 bp | — |
Yields by rating group
The same curve split by credit quality: 22 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 6.45%, Speculative 8.06%.
Bonds in this curve
The 22 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Pemex | 5.15% | 2027-01-23 | 6.49% | US71654QDB59 |
| Pemex | 4.55% | 2027-03-13 | 6.50% | US71654QCG55 |
| Pemex | 5.65% | 2028-02-12 | 5.35% | US71654QCK67 |
| Pemex | 6.07% | 2029-01-23 | 6.50% | US71654QCP54 |
| Pemex | 6.54% | 2029-06-02 | 8.75% | US71654QDL32 |
| Pemex | 6.25% | 2029-06-02 | 8.75% | USP7S08VCA70 |
| Pemex | 6.64% | 2030-01-23 | 6.84% | US71654QDC33 |
| Pemex | 6.44% | 2031-01-28 | 5.95% | US71654QCZ37 |
| Pemex | 7.07% | 2031-01-28 | 5.95% | US71654QDE98 |
| Pemex | 7.26% | 2033-02-07 | 10.00% | USP78625ED13 |
| Pemex | 7.52% | 2033-02-07 | 10.00% | US71654QDP46 |
| Pemex | 7.96% | 2035-06-15 | 6.62% | US706451BG56 |
| Pemex | 8.16% | 2038-06-15 | 6.62% | US706451BR12 |
| Pemex | 8.50% | 2041-06-02 | 6.50% | US71654QAZ54 |
| Pemex | 8.35% | 2044-06-27 | 5.50% | US71654QBE17 |
| Pemex | 8.66% | 2045-01-23 | 6.38% | US71654QBR20 |
| Pemex | 8.41% | 2046-01-23 | 5.62% | US71654QBX97 |
| Pemex | 8.87% | 2047-09-21 | 6.75% | US71654QCC42 |
| Pemex | 8.81% | 2048-02-12 | 6.35% | US71654QCL41 |
| Pemex | 8.82% | 2050-01-23 | 7.69% | US71654QDD16 |
| Pemex | 9.03% | 2060-01-28 | 6.95% | US71654QDF63 |
| Pemex | 8.56% | — | 6.62% | US71656MAF68 |