Mexico’s Hacienda Hedge Alters Strategy for 2021
Posted on 02/19/2021
Mexico’s billion-dollar oil hedge is known as the Hacienda Hedge. The Mexican government’s hedge against oil price volatility is usually conducted all at once. The change this year includes Mexico choosing to buy put options in smaller batches throughout the year versus buying all the put options at once. This is a tactic that U.S. […]
