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Published on 8/26/2008 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 8.65 billion pesos, 550 million UDIs in three series of bonds

New York, Aug. 26 - The Banco de Mexico announced it sold 8.65 billion pesos and 550 million UDIs in three series of bonds at its weekly auction.

Mexico accepted bids for 1 billion pesos of Bondes D bonds due in 1,792 days. The bonds priced at 99.31386. Demand totaled 5.2 billion pesos.

Mexico also accepted bids for 7.65 billion pesos of 7.75% Bonos 10A bonds due December 2017. The bonds priced at 94.87900 to yield 8.55%. Demand totaled 21.775 billion pesos in this auction.

It also accepted bids for 550 million UDIs of 4.5% UDIBonos 30A bonds with a maturity of November 2035. The bonds priced at 106.05779 to yield 4.13%. A total of 1.49815 billion UDIs of demand was received in this auction.

Issuer: Banco de Mexico

Total amount: 8.65 billion pesos, 550 million UDIs

Issue: Banco de Mexico bonds

Auction date: Aug. 26

Bondes D bonds

Issue:Bondes D
Amount: 1 billion pesos
Maturity: 1,792 days
Price:99.31386
Bonos 10A bonds
Issue:Bonos 10A
Amount: 8.65 billion pesos
Maturity: December 2017
Coupon: 7.75%
Price:94.87900
Yield:8.55%
UDIBonos 30A
Issue:UDIBonos 30A
Amount: 550 million UDIs
Maturity: November 2035
Coupon: 4.50%
Price:106.05779
Yield:4.13%

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