Mexico is proving to be one of the least-vulnerable countries to an increase in global interest rates by boosting the average maturity of its bonds to the highest of Latin America’s biggest economies.

The Mexican government has an average of 8.25 years to pay its $158 billion of peso debt, longer than Brazil, Argentina, Colombia and Venezuela and more than developed nations including the U.S., Canada and Switzerland, data compiled by Bloomberg show. Its debt maturity is now 14 times longer than the average of about seven months in 1994, when U.S. rate increases helped spark a peso devaluation that fueled capital flight and caused the so-called Tequila Crisis.

via Tequila Crisis Lessons Learned Before QE Unwind: Mexico Credit – Bloomberg.