In the Ley
de Ingresos de la Federación para el Ejercicio Fiscal 2020 (2020 Federal
Revenue Law), the Mexican Congress authorized up to MXN 10.0 billion in
domestic net indebtedness and up to USD 1.25 billion in international net
indebtedness. With an exchange rate of MXN 19.90 = USD 1.00, total authorized
net indebtedness is MXN 34.875 billion (USD 1.753 billion).
in line with the debt strategy established in the Business Plan, PEMEX aims at
a zero net indebtedness goal (in real terms) which only considers refinancing
the amortizations for the year.
The Annual Financing Plan (PAF, for its name in Spanish) is available at
this link: PAF 2020.