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Published on 8/19/2008 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 4.5 billion pesos, 55 million UDIs in two series of bonds

By Richard Connell

New York, Aug. 19 - The Banco de Mexico announced the results of its weekly auction of bonds in two parts.

Mexico accepted bids for 4.5 billion pesos of 9% Bonos 5A bonds with a maturity of June 2013. The bonds priced at 101.55155 to yield 8.60%. Demand totaled 10.815 billion pesos in this auction

It also accepted bids for 550 million UDIs of 3.5% bonds with a maturity of December 2017. The bonds priced at 96.555 to yield 3.94%. A total of 2.151265 billion UDIs of demand was received in this auction.

Issuer: Banco de Mexico

Total amount: 4.5 billion pesos, 550 million UDIs

Issue: Banco de Mexico bonds

Auction date: Aug. 19

Bonds due 2013

Issue:Bonos 5A
Amount: 4.5 billion pesos
Maturity: June 2013
Coupon: 9.00%
Price:101.55155
Yield:8.60%
Bonds due 2017
Issue:UDIBonos 10A
Amount: 550 million UDIs
Maturity: December 2017
Coupon: 3.50%
Price:96.555
Yield:3.94%

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