Mexico · Business
Key Facts
—Mexico sovereign rating Fitch affirmed Mexico at BBB- with a Stable outlook on 10 April 2026, keeping the country in investment grade territory.
—Pemex one-notch penalty Fitch analysts stated Pemex’s debt burden acts as a contingent liability that effectively subtracts one full notch from Mexico’s sovereign rating.
—Investment grade status Despite the Pemex drag, Mexico remains investment grade at BBB-, the lowest rung of Fitch’s investment-grade scale.
