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Government Securities Feb 27 2026

Municipio de Cozumel

23001
LocalLong Term
UpgradeHR A
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Latest Ratings

Feb 27 2026Government Securities

Municipio de Cozumel

23001
Local ScaleLong Term
UpgradeHR A
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Bajio P$1,074.3m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$11,337.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 BBVA P$5,000.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 BBVA P$4,668.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 LCGM
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$700.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$800.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$1,500.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras BRT P$360.8m
Local ScaleLong Term
RatifiedHR AA + (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$1,300.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$5,000.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 BBVA P$2,482.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$1,380.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$7,425.9m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 27 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$3,000.0m
Local ScaleLong Term
RatifiedHR AAA (E)
Feb 26 2026Corporates

CW Wood Wharf E3/4, Ltd Corporate

CW Wood Wharf E3/4, Ltd / CW Wood Wharf J1-3, Ltd
Global ScaleLong Term
UpgradeHR BB (G)
Feb 26 2026Corporates

CW Wood Wharf £535.0m Loan

CW Wood Wharf E3/4, Ltd / CW Wood Wharf J1-3, Ltd
Global ScaleLong Term
UpgradeHR BB (G)
Feb 26 2026Corporates

CW Wood Wharf J1-3 Corporate

CW Wood Wharf E3/4, Ltd / CW Wood Wharf J1-3, Ltd
Global ScaleLong Term
UpgradeHR BB (G)
Feb 25 2026Financial Institutions

Tepeyac LP

Tepeyac
Local ScaleLong Term
RatifiedHR A -
Feb 25 2026Financial Institutions

Tepeyac CP

Tepeyac
Local ScaleShort Term
RatifiedHR2
Feb 25 2026Government Securities

Gobierno del Estado de Chiapas

Banorte P$2,500.0m (A)
Local ScaleLong Term
InitialHR AAA (E)
Feb 25 2026Government Securities

Gobierno del Estado de Chiapas

Banorte P$2,500.0m (B)
Local ScaleLong Term
InitialHR AAA (E)
Feb 25 2026Government Securities

Gobierno del Estado de Chiapas

Banobras P$6,111.7m
Local ScaleLong Term
InitialHR AAA (E)
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Analysis

Economics Sectors Comments
Spanish Content
Sectors Feb 27 2026

Balanza de Pagos 2025

Sector externo resiliente en 2025, pese a un entorno de crecimiento económico moderado...
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Sectors Feb 25 2026

Implications of the 2026 Economic Package on the General Revenue-Sharing Fund of the States

HR Ratings comments on the implications of the 2026 Economic Package on the General Revenue Sharing Fund (GRSF)...
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Spanish Content
Sectors Feb 24 2026

Actividad Económica al cierre de 2025

Dinamismo de la actividad económica sorprende positivamente en el 4T25, aunque persisten retos estructurales...
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Sectors Feb 17 2026

US Fiscal position as of January 2026

US Public Finances in early FY2026: Short-term improvements, however long-term structural debt pressures persist...
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Sectors Feb 12 2026

US Employment Report - January

Stronger than expected payrolls highlight US resilience, reducing the likelihood of near-term Fed cuts...
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Spanish Content
Sectors Feb 11 2026

Actividad industrial al cierre de 2025

La actividad industrial muestra un desempeño negativo en 2025 consecuencia de la incertidumbre comercial y la falta de inversión en obra...
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Spanish Content
Sectors Feb 10 2026

Empleo formal enero 2026

Debilidad en el empleo formal al inicio de 2026 como consecuencia de la incertidumbre arancelaria y agotamiento del consumo...
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Sectors Feb 09 2026

Evolution of subnational sector ratings

HR Ratings comments on the performance of subnational ratings in 2025, highlighting a moderate performance compared to the previous year, driven by the slowdown in the growth of Entities Unrestricted Revenue...
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