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Government Securities Oct 27 2026

Municipio de Atizapán de Zaragoza

15013
LocalLong Term
UpgradeHR AA +
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Latest Ratings

Oct 27 2026Government Securities

Municipio de Atizapán de Zaragoza

15013
Local ScaleLong Term
UpgradeHR AA +
Oct 27 2026Corporates

SORIANA 23

Organización Soriana
Local ScaleLong Term
WithdrawnAMORTIZED
Oct 27 2026Financial Institutions

ACTLECB 25L

Active Leasing, S.A. de C.V.
Local ScaleLong Term
AffirmedHR AAA (E)
Oct 27 2026Financial Institutions

A y F Banorte CP

Arrendadora y Factor Banorte, S.A. de C.V. SOFOM E.R., Grupo Financiero Banorte
Local ScaleShort Term
AffirmedHR+1
Oct 27 2026Financial Institutions

A y F Banorte LP

Arrendadora y Factor Banorte, S.A. de C.V. SOFOM E.R., Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

BANORTE 20U

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

BANORTE 23U

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

BANORTE 23-5

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

BANORTE CP

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleShort Term
AffirmedHR+1
Oct 27 2026Financial Institutions

BANORTE LP

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

BANORTE 23-3

Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
Local ScaleLong Term
AffirmedHR AAA
Oct 27 2026Financial Institutions

Invex Arrendadora LP

Invex Arrendadora
Local ScaleLong Term
AffirmedHR A +
Oct 27 2026Financial Institutions

Invex Arrendadora CP

Invex Arrendadora
Local ScaleShort Term
AffirmedHR1
Oct 27 2026Government Securities

Municipio de Ensenada

2001 Bansí P$665.2m
Local ScaleLong Term
AffirmedHR AA (E)
Oct 26 2026Government Securities

Gobierno del Estado de Aguascalientes

001
Local ScaleLong Term
AffirmedHR AA +
Oct 26 2026Government Securities

Municipio de Acapulco de Juárez

Acapulco Santander P$206.7m
Local ScaleLong Term
AffirmedHR AA (E)
Oct 26 2026Government Securities

Municipio de Delicias

08021
Local ScaleLong Term
UpgradeHR AA -
Oct 26 2026Financial Institutions

DONDE 23

Fundación Rafael Dondé, I.A.P.
Local ScaleLong Term
WithdrawnAMORTIZED
Oct 23 2026Financial Institutions

TRATON CP

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleShort Term
AffirmedHR+1
Oct 23 2026Financial Institutions

TRATON LP

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleLong Term
AffirmedHR AAA
Oct 23 2026Financial Institutions

TRATON Programa CP

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleShort Term
AffirmedHR+1
Oct 23 2026Financial Institutions

TFSMX 25-2

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleLong Term
AffirmedHR AAA
Oct 23 2026Financial Institutions

TFSMX 25

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleLong Term
AffirmedHR AAA
Oct 23 2026Financial Institutions

TFSMX 24-2

Traton Financial Services Mexico, S.A. de C.V., SOFOM, E.R.
Local ScaleLong Term
AffirmedHR AAA
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Analysis

Economics Sectors Comments
Spanish Content
Economics Oct 27 2026

Empleo INEGI septiembre 2026

Debilidad del mercado laboral como consecuencia de la desaceleración del sector terciario...
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Spanish Content
Economics Oct 26 2026

Inflación 1Q octubre 2026

Inflación repunta por presiones asociadas con fin del programa de tarifas eléctricas, aunque destaca el alza en mercancías...
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Spanish Content
Economics Oct 22 2026

Empresas comerciales al por menor

A pesar de la recuperación en los niveles de consumo, HR Ratings estima avances moderados hacia el cierre del año...
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Economics Oct 21 2026

US 2026 Fiscal Year

FY26 financial costs and primary deficit probably push public deficit to 100% GDP with limited political appetite for fiscal tightening...
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Economics Oct 20 2026

US Industrial Production in 3Q26

Industrial productions resilience in 3Q26, attributable to AI, mining, and utilities...
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Economics Oct 19 2026

US Retail Sales in 3Q26

Retail sales close Q3 with resilience despite moderation from 2025, though current risks threaten to deepen deceleration...
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Economics Oct 16 2026

US CPI in September 2026

Headline and Core CPI pressures rise in September. HR Ratings still expects a Fed pause this month...
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Spanish Content
Economics Oct 13 2026

Actividad industrial a agosto de 2026

Continúa la recuperación de la actividad industrial hacia el 3T26, beneficiado por el avance en la inversión en construcción...
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