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Corporates May 13 2026

GCARSO 26

Grupo Carso S.A.B. de C.V.
LocalLong Term
InitialHR AAA
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Latest Ratings

May 13 2026Corporates

GCARSO 26

Grupo Carso S.A.B. de C.V.
Local ScaleLong Term
InitialHR AAA
May 13 2026Government Securities

Gobierno del Estado de Veracruz

030
Local ScaleLong Term
RatifiedHR A
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Multiva P$3,500.0m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Santander P$1,000.0m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 BBVA P$3,189.8m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$757.4m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$200.0m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$1,000.0m (B)
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$1,000.0m (A)
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 BBVA P$1,800.0m
Local ScaleLong Term
RatifiedHR AAA (E)
May 13 2026Government Securities

Gobierno del Estado de Nuevo León

19 Banobras P$4,000.0m
Local ScaleLong Term
RatifiedHR AAA (E)
May 12 2026Financial Institutions

UCSM LP

Unión de Crédito San Marcos, S.A. DE C.V.
Local ScaleLong Term
RatifiedHR BBB +
May 12 2026Financial Institutions

UCSM CP

Unión de Crédito San Marcos, S.A. DE C.V.
Local ScaleShort Term
RatifiedHR3
May 12 2026Financial Institutions

UCACSA LP

Unión de Crédito Agricultores de Cuauhtémoc S.A. de C.V.
Local ScaleLong Term
RatifiedHR AA -
May 12 2026Financial Institutions

UCACSA CP

Unión de Crédito Agricultores de Cuauhtémoc S.A. de C.V.
Local ScaleShort Term
RatifiedHR1
May 12 2026Financial Institutions

ACUNSA CP Global

Asistencia Clínica Universitaria de Navarra, S.A. de Seguros y Reaseguros
Global ScaleShort Term
RatifiedHR4 (G)
May 12 2026Financial Institutions

ACUNSA LP Global

Asistencia Clínica Universitaria de Navarra, S.A. de Seguros y Reaseguros
Global ScaleLong Term
RatifiedHR BB + (G)
May 12 2026Financial Institutions

ACUNSA LP

Asistencia Clínica Universitaria de Navarra, S.A. de Seguros y Reaseguros
Local ScaleLong Term
RatifiedHR AA -
May 12 2026Financial Institutions

ACUNSA CP

Asistencia Clínica Universitaria de Navarra, S.A. de Seguros y Reaseguros
Local ScaleShort Term
RatifiedHR1
May 11 2026Financial Institutions

Crédito Estructurado - CIB/3489

Arrendadora y Soluciones de Negocios, S.A.P.I. de C.V. SOFOM E.N.R.
Local ScaleLong Term
RatifiedHR AAA (E)
May 11 2026Corporates

EDUCA 26L

Fibra Educa
Local ScaleLong Term
InitialHR AAA
May 11 2026Corporates

EDUCA 26-2L

Fibra Educa
Local ScaleLong Term
InitialHR AAA
May 11 2026Corporates

EDUCA 26UL

Fibra Educa
Local ScaleLong Term
InitialHR AAA
May 11 2026Corporates

BBPEN 26X

Bepensa Bebidas, S.A. de C.V.
Local ScaleLong Term
RatifiedHR AAA
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Analysis

Economics Sectors Comments
Sectors May 13 2026

CPI inflation soars in April

The April CPI report strengthens the case for higher long term rates. Warsh inherits a difficult inflation outlook...
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Spanish Content
Sectors May 11 2026

Inflación en abril 2026

Presiones inflacionarias se moderan durante el mes de abril. El componente subyacente continúa ubicándose por encima del 4.0%...
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Spanish Content
Sectors May 08 2026

Finanzas Públicas al 1T26

Durante el 1T26 se registró un fuerte incremento en el déficit del Gobierno Federal. El SH alcanzó el 52.6% del PIB...
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Sectors May 04 2026

US GDP 1Q26

US economy regained momentum in 1Q26, with real GDP expanding at 2.0% SAAR, a notable acceleration from 0.5% in 4Q25, driven by investment and government spending...
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Spanish Content
Sectors Apr 30 2026

Estimación Oportuna del PIB 1T26

Debilidad del consumo e inversión culminan en una caída del PIB en 0.8% en el 1T26, lo que añade presiones sobre las perspectivas de crecimiento de HR Ratings...
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Spanish Content
Sectors Apr 29 2026

Evolución de la balanza comercial al 1T26

Exportaciones manufactureras diferentes a las automotrices continúan registrando avances a pesar de la política arancelaria de Estados Unidos. No obstante, el valor agregado a la economía es bajo...
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Spanish Content
Sectors Apr 28 2026

IGAE a febrero 2026

Debilidad de la actividad económica al inicio de 2026 se concretará con la contracción del PIB en el 1T26...
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Spanish Content
Sectors Apr 23 2026

Inflación en la 1Q de abril

Se mantiene la rigidez inflacionaria ubicándose con una variación anual de 4.53%, presionada por los precios de frutas y verduras...
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