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2 clusters · 2 sources · 23 days · First seen · Last updated

Mexican regional credit rating improvements

Overview

Financial evaluations for regional entities in Mexico have shown upward trends. In October 2026, Fitch Ratings upgraded the credit rating of the municipality of Atizapán de Zaragoza from ‘AA-(mex)’ to ‘AA(mex)’ with a stable outlook. This improvement was attributed to financial discipline, growing operating balances, and strong liquidity under the administration of Pedro Rodríguez Villegas.

In November 2026, the state of Hidalgo received a credit rating upgrade from AA.mx to AA+.mx with a stable outlook from Moody’s Local México. This represents the highest rating in the state's history, supported by increased local revenue, transparency, and low debt levels under the administration of Governor Julio Menchaca Salazar.

Entities

Pedro Rodríguez Villegas · Julio Menchaca Salazar · Fitch Ratings · Bolsa Mexicana de Valores · Hidalgo

Timeline

  1. [BUSINESS] 2 sources
    Hidalgo achieves highest historical credit rating from Moody’s Local

    Moody’s Local upgraded Hidalgo's credit rating to AA+.mx, the highest in the state's history, citing strong financial discipline and economic growth.

  2. [BUSINESS] 4 sources
    Atizapán de Zaragoza receives credit rating upgrade to AA

    Fitch Ratings upgraded Atizapán de Zaragoza's credit rating to ‘AA(mex)’, citing strong liquidity, debt service capacity, and a 7.6 percent growth in municipal revenues during 2025.

Sources

lacronica.net · marfeca.mx