The new financing instrument linked to corporate objectives in Environmental, Social and Governance (ESG) matters was announced, it is the Bond Linked to the Sustainability of the Mexican Stock Exchange (BMV).

Which is a debt instrument with which companies can obtain resources for general corporate uses with characteristics based on the achievement of certain objectives and indicators (KPIs) of sustainability. In this sense, the company is committed to improving its sustainable results based on its initially defined goals, in a set period of time.

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One of the characteristics of this type of bonds is that, unlike the labeled bonds (green, social and sustainable bonds), the financing is used for a general purpose. Therefore, it is not necessary to relate it to a specific project or classify the use of resources. In addition, the opinion of an independent third party will be needed to validate that the goals meet the criteria established by the International Capital Market Association (ICMA), which will give certainty of the issue.

In this sense, issuers will have the possibility of issuing a thematic bond without the need to allocate resources to a particular green or social project, open doors to new investors, improve the institutional image, as well as the combination of general aspects and projects. green or social.

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The bonds will maintain the same regulatory and operational framework as other debt instruments and will be identified in the series with the letter "L". The objective is to offer a new investment alternative to those market participants interested in issuers committed to sustainability in an integral way.

Through a statement, the BMV reported that, "the creation of this new product is the result of joint work with all participants in the stock market that seek to provide investors with a variety of green financing instruments."

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