Obligation Mexico 5.625% ( XS1046593908 ) en GBP

Mexico

68.98 % ▼

Mexique

XS1046593908 ( en GBP )

5.625% par an ( paiement annuel )

Perpétuelle

Prospectus brochure de l'obligation Mexico XS1046593908 en GBP 5.625%, échéance Perpétuelle

19/03/2026 ( Dans 325 jours )

Le Mexique, pays d'Amérique du Nord, possède une riche histoire précolombienne, une culture vibrante mêlant influences indigènes et européennes, et une grande diversité géographique allant de déserts arides à des forêts tropicales luxuriantes.

L'Obligation émise par Mexico ( Mexique ) , en GBP, avec le code ISIN XS1046593908, paye un coupon de 5.625% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le Perpétuelle

PROSPECTUS SUPPLEMENT DATED February 3, 2016
(To Prospectus dated February 3, 2016)
United Mexican States
U.S. $110,000,000,000
Global Medium-Term Notes, Series A
Due Nine Months or More from Date of Issue

The following terms may apply to the notes, which Mexico may sell from time to time. Mexico may vary these terms and will
provide the final terms for each offering of notes in a final terms document.
Mexico may sell notes having an aggregate principal
May be subject to redemption at the option of Mexico or
amount, or initial offering price in the case of indexed notes
repayment at the option of the holder
and discount notes, of up to U.S. $110,000,000,000 or its
Certificated or book-entry form
equivalent in other currencies, U.S. $699,513,297 of which
may be offered and sold in the United States
Registered form
Fixed or floating interest rate. The floating interest rate
In the case of dollar-denominated notes, issued in
formula may be based on:
denominations of U.S. $2,000 and integral multiples of U.S.

$1,000
Commercial Paper Rate
EURIBOR
Application has been made to list the notes issued under the

program on the Luxembourg Stock Exchange and to have the
Federal Funds Rate
notes traded on the Euro MTF market of the Luxembourg
LIBOR
Stock Exchange
May be issued as indexed notes or discount notes
May be exchangeable into other debt securities of Mexico

May be sold with or without warrants to exchange the notes
into other debt securities

See "Risk Factors" beginning on page S-7 to read about certain risks you should consider before investing in the notes.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or determined if this prospectus
supplement or the related prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
THE NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED WITH THE MEXICAN NATIONAL SECURITIES
REGISTRY (REGISTRO NACIONAL DE VALORES), MAINTAINED BY THE MEXICAN NATIONAL BANKING AND
SECURITIES COMMISSION (COMISIÓN NACIONAL BANCARIA Y DE VALORES, OR "CNBV"), AND THEREFORE,
MAY NOT BE OFFERED OR SOLD PUBLICLY IN MEXICO. THE NOTES MAY BE OFFERED OR SOLD TO
QUALIFIED AND INSTITUTIONAL INVESTORS IN MEXICO PURSUANT TO THE PRIVATE PLACEMENT
EXEMPTION SET FORTH UNDER ARTICLE 8 OF THE MEXICAN SECURITIES MARKET LAW (LEY DEL
MERCADO DE VALORES). AS REQUIRED UNDER THE MEXICAN SECURITIES MARKET LAW, MEXICO WILL
GIVE NOTICE TO THE CNBV OF THE OFFERING OF THE NOTES UNDER THE TERMS SET FORTH HEREIN.
SUCH NOTICE WILL BE SUBMITTED TO THE CNBV TO COMPLY WITH THE MEXICAN SECURITIES MARKET
LAW AND FOR INFORMATIONAL PURPOSES ONLY. THE DELIVERY TO, AND THE RECEIPT BY, THE CNBV OF
SUCH NOTICE, DOES NOT CERTIFY THE SOLVENCY OF MEXICO, THE INVESTMENT QUALITY OF THE
NOTES, OR THAT THE INFORMATION CONTAINED IN THIS PROSPECTUS SUPPLEMENT OR IN THE
PROSPECTUS IS ACCURATE OR COMPLETE. MEXICO HAS PREPARED THIS PROSPECTUS SUPPLEMENT AND
IS SOLELY RESPONSIBLE FOR ITS CONTENT, AND THE CNBV HAS NOT REVIEWED OR AUTHORIZED SUCH
CONTENT.

Barclays
BNP PARIBAS
BofA Merrill Lynch
Citigroup
Credit Suisse
Deutsche Bank Securities
Goldman, Sachs & Co.
HSBC
J.P. Morgan
Morgan Stanley

UBS Investment Bank

This prospectus supplement and the attached prospectus dated February 3, 2016 shall constitute a prospectus for the purpose
of the Luxembourg Law dated 10 July 2005 on Prospectuses for Securities, as amended.

TABLE OF CONTENTS

Prospectus Supplement
Prospectus
ABOUT THIS PROSPECTUS
ABOUT THIS PROSPECTUS ................................. 3
SUPPLEMENT .................................................... S-3
FORWARD-LOOKING STATEMENTS .............. 3
SUMMARY .......................................................... S-4
DATA DISSEMINATION ........................................ 4
RISK FACTORS ................................................. S-7
USE OF PROCEEDS ................................................ 4
Risks Relating to Mexico ............................... S-7
DESCRIPTION OF THE SECURITIES ................ 5
Currency Risks ............................................... S-7
Debt Securities .......................................................... 5
Indexed Notes ................................................. S-8
General .................................................................. 5
Jurisdiction and Enforcement of
Status ..................................................................... 5
Judgments ................................................ S-9
Payment of Principal and Interest ......................... 5
Modification of the Terms of the Notes ......... S-9
Form and Denominations ..................................... 6
DESCRIPTION OF THE NOTES ................... S-10
Redemption, Repurchase and Early Repayment .. 6
General Terms of the Notes .......................... S-10
Negative Pledge .................................................... 6
Form of the Notes ......................................... S-11
Default and Acceleration of Maturity .................. 7
Paying Agents, Transfer Agents,
Suits for Enforcement and Limitations on Suits
Calculation Agent, Exchange Rate
by Holders ............................................................. 7
Agent and Registrar ............................... S-11
Meetings, Amendments and Waivers --
Payment of Principal and Interest ................. S-11
Collective Action .................................................. 8
Interest Rate .................................................. S-13
Other Amendments ............................................. 10
Indexed Notes ............................................... S-16
Warrants .................................................................. 10
Optional Redemption, Repurchase and
Global Securities ..................................................... 11
Early Repayment ................................... S-16
Ownership of Book-Entry Securities ................. 11
Additional Amounts ..................................... S-18
Cross-Market Transfer, Clearance and
Further Issues ............................................... S-19
Settlement of Book-Entry Securities .................. 12
Notices .......................................................... S-19
Certificated Securities ............................................. 13
TAXATION ........................................................ S-20
Trustee ..................................................................... 13
United States Federal Taxation..................... S-20
Paying Agent; Transfer Agents; Registrar ............. 13
European Union Taxation ............................. S-25
Limitation on Claims .............................................. 13
Mexican Taxation ......................................... S-26
Jurisdiction, Consent to Service, Enforcement of
PLAN OF DISTRIBUTION ............................. S-27
Judgments and Immunities from Attachment ........ 14
Distribution ................................................... S-27
Indemnification for Foreign Exchange Rate
Selling Restrictions ....................................... S-27
Fluctuations ............................................................. 14
GLOSSARY ....................................................... S-36
Governing Law ....................................................... 14
Annex A Form of Final Terms
A-1
PLAN OF DISTRIBUTION ................................... 15

Terms of Sale .......................................................... 15

Method of Sale ........................................................ 15

Non-U.S. Offerings................................................. 16

OFFICIAL STATEMENTS ................................... 16

VALIDITY OF THE SECURITIES ...................... 17

AUTHORIZED REPRESENTATIVE .................. 18

WHERE YOU CAN FIND MORE

INFORMATION ...................................................... 18

S-2

ABOUT THIS PROSPECTUS SUPPLEMENT
This prospectus supplement supplements the accompanying prospectus dated February 3, 2016 relating to
Mexico's debt securities and warrants. If the information in this prospectus supplement differs from the information
contained in the accompanying prospectus, you should rely on the information in this prospectus supplement.
You should read this prospectus supplement along with the accompanying prospectus. Both documents
contain information you should consider when making your investment decision. You should rely only on the
information provided or incorporated by reference in this prospectus supplement and the accompanying prospectus.
Mexico has not authorized anyone else to provide you with different information. Mexico and the agents are
offering to sell the notes and seeking offers to buy the notes only in jurisdictions where it is lawful to do so. The
information contained in this prospectus supplement and the accompanying prospectus is current only as of its date.
This prospectus supplement may not be used in connection with the issuance of notes under the program
after February 3, 2017. Mexico is furnishing this prospectus supplement and the accompanying prospectus solely for
use by prospective investors in connection with their consideration of a purchase of the notes. Mexico confirms that:

the information contained in this prospectus supplement and the accompanying prospectus is true and
correct in all material respects and is not misleading;

it has not omitted other facts, the omission of which makes this prospectus supplement and the
accompanying prospectus as a whole misleading; and

it accepts responsibility for the information it has provided in this prospectus supplement and the
accompanying prospectus.

S-3

SUMMARY
This summary highlights information contained elsewhere in this prospectus supplement and in the
prospectus. It does not contain all the information that you should consider before investing in the notes. You should
carefully read the final terms relating to the terms and conditions of a particular issue of notes along with this entire
prospectus supplement and the prospectus.

Issuer
The United Mexican States

Selling Agents
Barclays Capital Inc.
Calculation Agent Deutsche Bank Trust Company
Barclays Bank PLC
Americas, or any other entity that
BNP Paribas Securities Corp.
Mexico so designates
BNP Paribas

Citigroup Global Markets Inc.
Specified

Citigroup Global Markets Limited
Currencies
Including, but not limited to,
Credit Suisse Securities (USA)
Australian dollars, Canadian
LLC
dollars, Danish kroner, euro, Hong
Credit Suisse Securities (Europe)
Kong dollars, Japanese yen, New
Limited
Zealand dollars, Pounds Sterling,
Deutsche Bank Securities Inc.
Swedish kroner, Swiss francs and
Goldman, Sachs & Co.
U.S. dollars or any other currency
Goldman Sachs International
specified in the applicable final
HSBC Securities (USA) Inc.
terms
HSBC Bank plc
J.P. Morgan Securities LLC

J.P. Morgan Securities plc
Status
The notes will constitute direct,
Merrill Lynch, Pierce, Fenner &
general, unconditional and
Smith Incorporated
unsubordinated public external
Merrill Lynch International
indebtedness of Mexico for which
Morgan Stanley & Co. LLC
the full faith and credit of Mexico
Morgan Stanley & Co.
is pledged. The notes rank and will
International plc
rank without any preference among
UBS Securities LLC
themselves and equally with all
UBS Limited
other unsubordinated public

external indebtedness of Mexico.
Trustee
Deutsche Bank Trust Company
It is understood that this provision
Americas
shall not be construed so as to
require Mexico to make payments

under the notes ratably with
Paying Agent
Deutsche Bank Trust Company
payments being made under any
Americas, or any other entity that
other public external indebtedness.
Mexico so designates

Registrar
Deutsche Bank Trust Company
Americas, or any other entity that
Mexico so designates

Exchange Rate

Agent
Deutsche Bank Trust Company
Americas, or any other entity that
Mexico so designates

S-4

Amount
Up to a principal amount, or initial
Discount Notes
Discount notes are notes that are
offering price in the case of
offered or sold at a price less than
indexed notes and discount notes,
their principal amount and called
of U.S. $110,000,000,000 or its
discount notes in the applicable
equivalent in other currencies. As
final terms. They may or may not
of the date of this prospectus
bear interest.
supplement, Mexico has issued and

sold U.S. $95,453,857,152 of
notes, U.S. $63,173,910,943 of
Redemption and

which were registered with the
Repayment
If the notes are redeemable at the
SEC and issued and sold in the
option of Mexico or repayable at
United States.
the option of the holder before
maturity, the final terms will

specify:
Issue Price
The notes may be issued at par, or

the initial redemption date on
at a premium over, or discount to,
or after which Mexico may
par and either on a fully paid or
redeem the notes or the
partly paid basis.
repayment date or dates on

which the holders may elect
Maturities
The notes will mature at least nine
repayment of the notes;
months from their date of issue.

the redemption or repayment

price; and
Fixed Rate Notes
Fixed rate notes will bear interest

the required prior notice to the
at a fixed rate.
holders or Mexico.

Floating Rate

Notes
Floating rate notes will bear
interest at a rate determined
periodically by reference to one or
more interest rate bases plus a
spread or multiplied by a spread
multiplier.

Indexed Notes
Payments on indexed notes will be
calculated by reference to a
specific measure or index.
S-5

Taxes
Subject to certain exceptions,
Stabilization
In connection with issues made
Mexico will make all payments on
under this program, a stabilizing
the notes without withholding or
manager or any person acting for
deducting any Mexican taxes. For
the stabilizing manager may
further information, see
over-allot or effect transactions
"Description of the Notes--
with a view to supporting the
Additional Amounts."
market price of notes issued under

this program at a level higher than
that which might otherwise
Further Issues
Mexico may from time to time,
prevail for a limited period after
without the consent of holders,
the issue date. However, there
create and issue notes having the
may be no obligation of the
same terms and conditions as any
stabilizing manager or any agent
other outstanding notes offered
of the stabilizing manager to do
pursuant to a final terms document
this. Any such stabilizing, if
in all respects, except for the issue
commenced, may be discontinued
date, issue price and, if applicable,
at any time, and must be brought
the first payment of interest
to an end after a limited period.
thereon; provided, however, that
any such additional notes shall be

issued either in a "qualified
Purchase
You must pay for notes by wire
reopening" for U.S. federal income
Currency
transfer in the specified currency.
tax purposes or with no more than
You may ask an agent to arrange
de minimis original issue discount
for, at its discretion, the conversion
for U.S. federal income tax
of U.S. dollars or another currency
purposes. Additional notes issued
into the specified currency to
in this manner will be consolidated
enable you to pay for the notes.
with, and will form a single series
You must make this request on or
with, any such other outstanding
before the fifth business day
notes.
preceding the issue date, or by a
later date if the agent allows. The

agent will set the terms for each
Listing
Application has been made to list
conversion and you will be
the notes issued under the program
responsible for all currency
on the Luxembourg Stock
exchange costs.
Exchange and to have the notes
trade on the Euro MTF market of

the Luxembourg Stock Exchange.
Warrants
If Mexico issues warrants, it will
The Luxembourg Stock Exchange
describe the specific terms relating
has allocated to the program the
to the warrants in the applicable
number 2395 for listing purposes.
final terms.
Any particular issue of notes need

not be listed, however.

Authorization
The notes have been duly
authorized in accordance with the
laws of Mexico and all necessary
action by the Executive Branch of
Mexico in connection with the
notes has been duly taken,
including the issuance of the
Decree of the President of Mexico
with respect to the issuance of the
notes dated October 23, 2012.

S-6

RISK FACTORS

This section describes certain risks
may be very different from past trends, and Mexico
associated with investing in the notes. You should
will not advise you of any changes after the date of
consult your financial and legal advisors about the
the applicable final terms. In addition, if you reside
risks of investing in the notes and the suitability of
outside the United States, special considerations may
your investment in light of your particular situation.
apply to your investment in the notes. You should
Mexico disclaims any responsibility for advising you
consult financial and legal advisors in your home
on these matters.
country to discuss matters that may affect your
purchase or holding of, or receipt of payments on, the
Risks Relating to Mexico
notes.
Adverse external factors, instability in
If the specified currency of a note
international financial markets and
depreciates against your home country
adverse domestic factors could lead to
currency, the effective yield of the note
reduced growth and decreased foreign
would decrease below its interest rate and
investment in Mexico.
could result in a loss to you.
High international interest rates could
Rates of exchange between your home
increase Mexico's expenditures, low oil prices could
country currency and the specified currency may
decrease the Mexican Government's revenues, and
change significantly, resulting in a reduced yield or
recession or low growth in Mexico's main trading
loss to you on the notes. In recent years, rates of
partners could lead to fewer exports. A combination
exchange between certain currencies have been
of these factors could negatively affect Mexico's
highly volatile, and you should expect this volatility
current account.
to continue in the future. Fluctuations in any
particular exchange rate that have occurred in the
Instability or volatility in the international
past, however, do not necessarily indicate future
financial markets could lead to domestic volatility,
fluctuations.
making it more complicated for the Mexican
Government to achieve its macroeconomic goals.
Foreign exchange rates can either be fixed
This could also lead to declines in foreign investment
by sovereign governments or float. Exchange rates of
inflows and portfolio investment in particular.
most economically developed nations are permitted
to fluctuate in value relative to the U.S. dollar.
Adverse domestic factors, such as domestic
National governments, however, rarely voluntarily
inflation, high domestic interest rates, exchange rate
allow their currencies to float freely in response to
volatility and political uncertainty could lead to lower
economic forces. Sovereign governments may use a
growth in Mexico, declines in foreign direct and
variety of techniques, such as intervention by a
portfolio investment and potentially lower
country's central bank or imposition of regulatory
international reserves.
controls or taxes, to affect the rate of exchange of
their currencies. Governments may also issue a new
Currency Risks
currency to replace an existing currency or alter the
exchange rate by devaluation or revaluation of a
Notes denominated in a currency other
currency. A special risk to you in purchasing notes
than the currency of your home country
denominated in a foreign currency is that their yield
are not an appropriate investment for you
could be affected by these types of governmental
if you do not have experience with foreign
actions.
currency transactions.
Exchange controls could affect exchange
If Mexico denominates notes in a currency
rates and prevent Mexico from paying you
other than U.S. dollars, the applicable final terms will
in the specified currency.
contain information about the currency, including
historical exchange rates and any exchange controls
Governments have imposed exchange
affecting the currency. Mexico will provide this
controls in the past and may do so in the future.
information for your convenience only. Future
There is a possibility that your government or foreign
fluctuations in exchange rates or exchange controls
governments will impose or modify foreign exchange
S-7

controls while you are a holder of foreign currency
index. An investment in indexed notes may be
notes. Exchange controls could cause exchange rates
significantly more risky than an investment in
to fluctuate, resulting in a reduced yield or loss to you
conventional debt securities with fixed principal
on the notes. Exchange controls could also limit the
amounts because the payments on indexed notes may
availability of a specified currency for making
vary widely.
payments on a note. In the event that a specified
currency is unavailable, Mexico will make payments
The risks of a particular indexed note will
to you as described under "Description of the
depend on the possibility of significant changes in
Notes--Payment of Principal and Interest--Payment
currency exchange rates and the prices of any
Currency--Unavailability of Payment Currency."
underlying assets. These risks generally depend on
factors over which Mexico has no control, such as
If you file a lawsuit in the United States
economic and political events and the supply of and
against Mexico, the court may not render a
demand for the underlying assets. In addition, the
judgment in any currency other than U.S.
exchange rates or prices referred to may be published
dollars.
by third parties not subject to U.S. or Mexican
regulation. In recent years, currency exchange rates
New York law will apply to the notes,
and prices for various underlying assets have been
except that the authorization of the notes and their
highly volatile, and you should expect this volatility
execution by Mexico will be governed by Mexican
to continue in the future. Fluctuations in any of these
law. Courts in the United States customarily have not
rates or prices that have occurred in the past,
rendered judgments in any currency other than U.S.
however, do not necessarily indicate future
dollars. However, New York law provides that in a
fluctuations.
lawsuit based on an obligation owed in a currency
other than U.S. dollars, a court will render a
The secondary market, if any, for indexed
judgment first in the currency of the obligation and
notes will be affected by a number of factors
then will convert this amount into U.S. dollars at the
independent of Mexico's creditworthiness and the
exchange rate on the date of the judgment.
value of the applicable index or indices, including the
Fluctuations in exchange rates may cause this amount
complexity and volatility of the index or indices, the
to be different than the amount Mexico would have
method of calculating the interest in respect of
paid you under its original obligations. It is possible
indexed notes, the time remaining to the maturity of
that New York law would not be applied (a) in any
such notes, the outstanding amount of such notes, any
action based on an obligation denominated in a
redemption features of such notes, the amount of
currency unit or (b) by a federal court sitting in the
other debt securities linked to such index or indices
State of New York.
and the level, direction and volatility of market
interest rates generally. Such factors also will affect
Under the Mexican Monetary Law,
the market value of indexed notes.
payments to be made in Mexico by Mexico in foreign
currency may be paid in Mexican pesos at the
In addition, certain notes may be designed
exchange rate prevailing at the time of payment, as
for specific investment objectives or strategies and,
determined by Banco de México, the Mexican
therefore, may have a more limited secondary market
Central Bank. Fluctuations in exchange rates may
and experience more price volatility than
cause this amount to be different than the amount
conventional debt securities. Investors may not be
Mexico would have paid you under its original
able to sell such notes readily or at prices that will
non-Mexican peso denominated obligations.
enable them to realize their anticipated yield. You
should not purchase such notes unless you understand
Indexed Notes
and are able to bear the risks that such notes may not
be readily saleable, that the value of such notes will
It is possible that you will receive
fluctuate over time and that such fluctuations may be
substantially lower payments on indexed
significant.
notes than you would on conventional debt
securities or that you will not receive any
Finally, Mexico's credit ratings may not
payments at all.
reflect the potential impact of all risks related to
structure and other factors on the market value of the
Indexed notes are not an appropriate
notes. Accordingly, prospective investors should
investment for you if you do not have experience in
consult their own financial and legal advisors as to
transactions in the underlying assets of an applicable
the risks an investment in the notes may entail and
S-8

the suitability of the notes in light of their particular
Article 4 of the Federal Code of Civil Procedure of
circumstances.
Mexico, Mexican courts may not order attachment
before judgment or attachment in aid of execution

against any of the property of Mexico.
Jurisdiction and Enforcement of Judgments
Modification of the Terms of the Notes
Mexico is a sovereign government. Thus, it
may be difficult for you to obtain or
The notes will contain provisions that
enforce judgments against Mexico in U.S.
permit Mexico to amend the payment terms
courts or in Mexico.
of the notes without the consent of all
holders.
Mexico will appoint its Consul General in
New York as its authorized agent for service of
The notes will contain provisions regarding
process in any action based on the notes or the
acceleration and voting on amendments,
indenture which a holder may institute in any state or
modifications and waivers which are commonly
federal court in the Borough of Manhattan, The City
referred to as "collective action clauses." Under these
of New York. Mexico and the trustee have
provisions, certain key terms of the notes may be
irrevocably submitted to the jurisdiction of these
amended, including the maturity date, interest rate
courts in any action or proceeding arising out of or
and other payment terms, without your consent.
based on the indenture or the notes of any series
(unless otherwise specified in the authorization of the

applicable series) and Mexico has waived any
objection which it may have to the venue of these
courts and any right to which it may be entitled on
account of place of residence or domicile. Mexico
has also waived any immunity from the jurisdiction
of these courts to which it might be entitled
(including sovereign immunity and immunity from
pre-judgment attachment, post-judgment attachment
and execution) in any action based upon the notes or
the indenture. You may also institute an action
against Mexico based on the notes in any competent
court in Mexico.
Nevertheless, Mexico may still plead
sovereign immunity under the U.S. Foreign
Sovereign Immunities Act of 1976 in actions brought
against it under U.S. federal securities laws or any
state securities laws, and its submission to
jurisdiction, appointment of the Consul General as its
agent for service of process and waiver of immunity
do not include these actions. Without Mexico's
waiver of immunity regarding these actions, you will
not be able to obtain a judgment in a U.S. court
against Mexico unless the court determines that
Mexico is not entitled to sovereign immunity under
the U.S. Foreign Sovereign Immunities Act of 1976.
In addition, execution on Mexico's property in the
United States to enforce a judgment may not be
possible except under the limited circumstances
specified in the U.S. Foreign Sovereign Immunities
Act of 1976.
Even if you are able to obtain a judgment
against Mexico in the United States or in Mexico,
you might not be able to enforce it in Mexico. Under
S-9

DESCRIPTION OF THE NOTES

The following description supplements the
the exchange rate agent will determine the U.S.
information contained in "Description of the
dollar equivalent of notes denominated in
Securities--Debt Securities" in the prospectus. If the
another currency by referring to the noon rate in
information in this prospectus supplement differs
the relevant currency provided on the page
from the prospectus, you should rely on the
FXC<Go> on the Bloomberg terminal on the
information in this prospectus supplement. Because
issue date of those notes or, if that rate is not
the information provided in the final terms may differ
available, by referring to another published
from that contained in this prospectus supplement,
source selected by Mexico. As of the date of this
you should rely on the final terms for the final
prospectus supplement, Mexico has issued and
description of a particular issue of notes. The
sold U.S. U.S. $95,453,857,152 of notes, U.S.
following description will apply to a particular issue
$63,173,910,943 of which were registered with
of notes only to the extent that it is not inconsistent
the SEC and issued and sold in the United States.
with the description provided in the applicable final
Notes registered with the SEC and sold in the
terms. Capitalized terms are defined in the Glossary
United States are limited to the principal amount
at the end of this prospectus supplement.
of securities registered under Mexico's shelf
registration statement described in the
Mexico will issue the notes under an
prospectus;
indenture (which may be amended from time to time)
between Mexico and Deutsche Bank Trust Company
will be denominated in U.S. dollars or
Americas, as trustee, each issuance of which
another currency specified in the applicable
constitutes a separate series under said indenture.
final terms;
The information contained in this section and in the
will mature at least nine months from their
prospectus summarizes some of the terms of the notes
date of issue;
and the indenture. This summary does not contain all
of the information that may be important to you as a
may be offered and sold in any jurisdiction
potential investor in the notes. You should read the
where it is lawful to do so;
indenture and the forms of the notes before making
may or may not be sold in offerings
your investment decision. Mexico has filed or will file
registered with the SEC;
copies of these documents with the SEC and will also
file copies of these documents at the offices of the
will bear interest at a fixed rate or a floating
trustee.
rate;
in the case of registered dollar-denominated
Notes issued prior to November 2014 were
notes, will be issued in denominations of
issued under a Fiscal Agency Agreement, dated as of
U.S. $2,000 and integral multiples of U.S.
September 1, 1992, as amended by Amendment No. 1
$1,000;
thereto dated as of November 28, 1995, and by
Amendment No. 2 thereto dated as of March 3, 2003
will contain "collective action clauses"
(collectively, the "Fiscal Agency Agreement"). The
under which Mexico may amend certain key
terms of notes issued beginning in November 2014,
terms of the notes, including the maturity
and the terms of the indenture governing such notes,
date, interest rate and other terms, without
differ in certain respects from the terms of the notes
the consent of all of the holders of the notes,
issued before November 2014 under the Fiscal
unless otherwise specified in the applicable
Agency Agreement.
final terms;

may or may not be redeemable by Mexico
General Terms of the Notes
before maturity. If the notes are redeemable,
the final terms will describe the terms that
The notes:
apply to the redemption;
are initially limited to an aggregate principal
may or may not be subject to repayment at
amount, or aggregate initial offering price in the
the option of the holder; and
case of indexed notes and discount notes, of U.S.
will not be entitled to the benefit of any
$110,000,000,000 or its equivalent in other
sinking fund unless the applicable final
currencies. In order to calculate this limitation,
terms state otherwise.

S-10