u/Educational-Ad-4908

I am curious to hear everyone’s thoughts on PEMEX bonds. They typically get a lot of hate but I’ve owned their bonds for about 3 years and have had zero issues. My bonds have a face value of $100k and maturity dates ranging from 2038-2050. They’re up about 14% since I purchased them and had a YTM between 10-11% at the time of purchase.

I know the company is a shit show but under this administration they are a quasi govt security. It doesn’t sound like the govt would let them default on their bonds.