Pemex Supersizes Domestic Debt Shelf

Pemex has filed to raise to MXP140bn its 5-year program to sell certificados bursatiles on the Mexican market. The original program was filed in March for MXP70bn. The state-owned oil producer has been an active issuer this year, placing several deals including a pair of MXP10bn bonds in the domestic markets in April and May, as it pre-funds as much as it can of the $18.6bn it needs for 2010 capex. No indication of a new issuance is mentioned. Santander is listed as a manager.