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Derivative financial instruments (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Fair Value Of Derivative Financial Instruments [Abstract]  
Summary of Characteristics and Fair Value of Derivative Instruments

The main characteristics and the fair value of these derivatives as of December 31, 2017, 2018 and 2019 are as follows:

 

 

 

Notional

amount

(millions)

 

 

Hedge

start date

 

Rate

 

 

Floor

 

 

CAP 1

 

 

CAP 2

 

 

Due date

 

Fair value as of

December 31,

2017

 

HSBC

 

USD

$

95.5

 

 

March 2016

 

Libor 30

 

 

 

0.42

%

 

 

1.75

%

 

 

2.75

%

 

January 2021

 

Ps.

 

16,442

 

HSBC

 

USD

$

95.5

 

 

March 2016

 

Libor 30

 

 

 

0.42

%

 

 

1.75

%

 

 

2.75

%

 

February 2021

 

 

 

16,753

 

Scotiabank

 

Ps.

 

2,200.0

 

 

April 2016

 

TIIE 28

 

 

 

4.05

%

 

 

5.75

%

 

 

6.75

%

 

February 2021

 

 

 

37,577

 

HSBC

 

Ps.

 

1,500.0

 

 

May 2017

 

7.21%

 

 

 

 

 

 

 

 

 

 

 

March 2022

 

 

 

36,043

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ps.

 

106,815

 

 

 

 

Notional

amount

(millions)

 

 

Hedge

start date

 

Rate

 

 

Floor

 

 

CAP 1

 

 

CAP 2

 

 

Due date

 

Fair value as of

December 31,

2018

 

HSBC

 

USD

$

95.5

 

 

March 2016

 

Libor 30

 

 

 

0.42

%

 

 

1.75

%

 

 

2.75

%

 

January 2021

 

Ps.

 

25,572

 

HSBC

 

USD

$

95.5

 

 

March 2016

 

Libor 30

 

 

 

0.42

%

 

 

1.75

%

 

 

2.75

%

 

February 2021

 

 

 

26,369

 

Scotiabank

 

Ps.

 

2,200.0

 

 

April 2016

 

TIIE 28

 

 

 

4.05

%

 

 

5.75

%

 

 

6.75

%

 

February 2020

 

 

 

24,257

 

HSBC

 

Ps.

 

1,500.0

 

 

May 2017

 

7.21%

 

 

 

 

 

 

 

 

 

 

 

March 2022

 

 

 

60,259

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ps.

 

136,457