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Published on 2/3/2009 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 4.5 billion pesos, 450 million UDIs in two series of bonds

By Richard Connell

New York, Feb. 3 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, one for 4.5 billion pesos and one for 450 million UDIs.

Mexico accepted bids for 4.5 billion pesos of 8% Bonos 5A bonds with a maturity of December 2013. The bonds priced at 101.60715 to yield 7.6%. Demand totaled 7.459 billion pesos in this auction.

Mexico also accepted bids for 450 million UDIs of 3½% bonds with a maturity of December 2017. The bonds priced at 93.73359 to yield 4.35%. Demand totaled 988.625 million UDIs in this auction.

Issuer:Banco de Mexico
Total amount:4.5 billion pesos, 450 million UDIs
Issue:Banco de Mexico bonds
Auction date:Feb. 3
Bonds due 2013
Issue:Bonos 5A
Amount:4.5 billion pesos
Maturity:December 2013
Coupon:8%
Price:101.60715
Yield:7.6%
Bonds due 2017
Issue:UDI Bonos 10A
Amount:450 million UDIs
Maturity:December 2017
Coupon:3½%
Price:93.73359
Yield:4.35%

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