By Reshmi Basu
New York, July 12 - NR Finance Mexico SA de CV Sofol sold Ps. 750 million of 28-day certificados bursatiles (MX-1/mxA-1+) at 99.444667 to yield 7.18% via an auction on Wednesday.
Bids ranged from 7.12% to 7.20%.
Nissan Motor Acceptance Corp. will guarantee the issue.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for the transaction.
The issue number is 026 in NR Finance's current certificados bursatiles program.
The issuer, based in Mexico City, is the financial arm for Nissan in Mexico.
Issuer: NR Finance Mexico SA de CV Sofol
Amount: Ps. 750 million
Issue: Certificados bursatiles
Maturity date: Aug. 10, 2006
Issue price: 99.444667
Discount rate: 7.14%
Yield: 7.18
Pricing date: July 12
Settlement date July 13
Auction agent: Scotia Inverlat Casa de Bolsa SA de CV
Ratings: Moody's: MX-1
| Standard & Poor's: mxA-1+
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