New York, Sept. 29 - Financiera Compartamos SA de CV SFOL said it sold Ps. 310 million of of 1,820 day or five-year equivalent certificados bursatiles to yield 28-day TIIE plus 117 basis points via an auction on Thursday.
The issue carries a maturity date of Sept. 27, 2010.
Demand was Ps. 370.5 and bids ranged from 85 to 117 basis points over the floating index.
Acciones y Valores Banamex, SA de CV was the auction agent for the transaction.
Settlement is scheduled for Monday. This is the second issue in Financiera Compartamos' current certificados bursatiles program.
The Mexico City-based issuer is special-purpose non-profit institution, which overseas micro-lending operations.
Issuer: Financiera Compartamos SA de CV SFOL
Amount: Ps. 310 million
Issue: Certificados bursatiles
| Maturity: | Sept. 27, 2010
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| Yield: | 28-day TIIE plus 117 basis points
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| Auction date: | Sept. 29
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| Settlement date: | Oct. 3
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| Auction agent: | Acciones y Valores Banamex, SA de CV
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