Foreigners pour in billions of dollars into Mexican bonds

Within a matter of days after the presidential election on July 1 when Andrés Manuel López Obrador won by a landslide, foreign investors stepped up their demand for peso-denominated government debt.

Between June 29 and July 17, the flows of foreign capital amounted to $6.3 billion, according to the central bank.

By then, the sovereign debt held by foreigners amounted to a total of almost $114 billion.