DBRS rates Mexico debt R-1 (low), R-2 (high)

DBRS said it assigned a R-1 (low) short-term issuer rating with a stable trend to the local currency debt, and a R-2 (high) short-term issuer rating to the foreign currency debt with a stable trend to the United Mexican States.

The ratings are consistent with DBRS' long-term issuer ratings on the local currency debt of BBB (high), stable trend, and foreign currency debt of BBB, stable trend, the agency said.

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