E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/18/2009 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 4.25 billion pesos, 500 million UDIs of bonds

By Angela McDaniels

Tacoma, Wash., Nov. 18 - Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in three parts, two totaling 4.25 billion pesos and one for 500 million UDIs.

Mexico accepted bids for 2.25 billion pesos of Bondes D bonds with a term of 1,820 days. The bonds priced at 98.79604 to yield 0.27%. Demand totaled 4.95 billion pesos in this auction.

The bank also accepted bids for 2 billion pesos of 8½% Bonos 30A bonds due November 2038. The bonds priced at 98.19 to yield 8.67%. Demand totaled 5.2 billion pesos in this auction.

Mexico also accepted bids for 500 million UDIs of 4½% UDI Bonos 30A due November 2035. The bonds priced at 106 to yield 4.12%. A total of 1,680,895,000 UDIs of demand was received in this auction.

Issuer:Banco de Mexico
Total amount:4.25 billion pesos, 500 million UDIs
Issue:Banco de Mexico bonds
Auction date:Nov. 17
Bonds due in 1,820 days
Issue:Bondes D
Amount:2.25 billion pesos
Term:1,820 days
Price:98.79604
Yield:0.27%
Bonds due 2038
Issue:Bonos 30A
Amount:2 billion pesos
Maturity:November 2038
Coupon:8½%
Price:98.19
Yield:8.67%
Bonds due 2035
Issue:UDI Bonos 30A
Amount:500 million UDIs
Maturity:November 2035
Coupon:4½%
Price:106
Yield:4.12%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.