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BMV Stock Loans in Mexico

Stock loans (securities-backed financing) against shares listed on Bolsa Mexicana de Valores (BMV) — for family offices, founders and controlling shareholders.

01 · Process
How it works

From enquiry to funding.

StageWhat happensTiming
01Confidential enquiryThe holding and the objective, shared under NDA through a secure channel.Day one
02Indicative termsStructure, sizing and indicative pricing returned against the position.1–2 days
03Structuring & documentationKYC, share and market review; terms formalised under institutional documentation alongside your counsel.1–2 weeks
04Custody & fundingPledged shares held at a qualified custodian; collateral secured and proceeds released.On completion
02 · The Market
Americas

About Bolsa Mexicana de Valores.

Bolsa Mexicana de Valores is the principal cash-equity venue of Mexico. Founded in 1894, it operates under the oversight of Comisión Nacional Bancaria y de Valores (CNBV), and its leading benchmarks are S&P/BMV IPC. Listing standards are set out in the Reglamento Interior de la BMV.

BMV at a glance:

Listed venueBolsa Mexicana de Valores (BMV)
RegulatorComisión Nacional Bancaria y de Valores (CNBV)
CurrencyMXN
SettlementT+1
Disclosure threshold10%
Principal indicesS&P/BMV IPC

Mexico’s principal equity exchange, with the SIC system providing local access to internationally listed securities. The market is concentrated by sector and issuer count, which sharpens eligibility analysis for large positions.

On the BMV specifically, eligibility turns on where the name sits in a concentrated market. S&P/BMV IPC constituents and the larger issuers that also carry a New York ADR line hold the free float and turnover that support a higher loan-to-value; smaller issues are financed more selectively. Restricted share series matter here: foreign holders often access certain names through neutral-investment structures such as Certificados de Participación Ordinarios (CPOs) issued via trust, and the exact series and its transfer terms shape how the pledge is taken. The SIC international quotation system also lets locally held foreign-listed securities be considered against the same framework.

03 · Eligibility
For Institutional Positions

What qualifies on BMV.

BMV is an established but selective venue; we weigh eligibility against the stock’s liquidity, free float, and how concentrated the holding is.

For any given BMV position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

04 · Disclosure
CNBV

Framework cited on BMV.

The principal regulatory reference on BMV is Ley del Mercado de Valores. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

05 · FAQ
BMV · Stock Loans

What holders ask about BMV.

01Which BMV-listed shares qualify for a stock loan?
As a rule, the more liquid the name, the cleaner the facility. S&P/BMV IPC constituents and issuers with a parallel New York ADR line support the highest loan-to-value; thinner issues are taken case by case. Restricted share series and CPO structures are reviewed on their own terms. Black Haven quotes indicative terms only after looking at the specific line — its free float, daily turnover, share series and any transfer restriction.
02How much can I borrow against a BMV-listed holding?
The loan-to-value is set to the specific holding — free float, daily traded volume, volatility, and your regulatory standing. We quote indicative ratios only after reviewing the actual BMV position.
03Which BMV segments can I borrow against?
We look at each case across the segments Bolsa Mexicana de Valores runs: Capital market main board; SIC (international quotation system). Higher tiers are usually simpler to structure, as free float and liquidity are deeper.
04What currency can the facility be drawn in?
The default is MXN, the listing currency. Cross-currency structures are common and readily arranged.
05What is the settlement cycle on BMV?
Equities listed on Bolsa Mexicana de Valores generally settle on T+1. We align the pledge and the drawdown mechanics to that cycle.
06What is the disclosure threshold on BMV?
The principal level is 10%, under Ley del Mercado de Valores. Crossing it triggers a notification; we map the exact thresholds to your holding.
07How long does a BMV stock loan take to arrange?
Indicative terms within one to two business days of an enquiry, with documentation and funding usually inside about three weeks, depending on custody onboarding and the size of the line.
06 · Other Venues
Mexico

Other venues.

United States · Canada · Brazil · Chile

Mexico overview →

A particular BMV holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.