By Richard Connell
New York, Feb. 24 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts totaling 3.5 billion pesos.
Mexico accepted bids for 1.5 billion pesos of Bondes D bonds with a term of 1,792 days. The bonds priced at 99.25158 to yield 0.18%. Demand totaled 2.68 billion pesos in this auction.
Mexico also accepted bids for 2 billion of 8½% Bonos 20A with a maturity of May 2029. The bonds priced at 93.306 to yield 9.23%. A total of 5.67 billion pesos of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 3.5 billion pesos
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | Feb. 24
|
|
|
| Bonds due in 1,792 days
|
| Issue: | Bondes D
|
| Amount: | 1.5 billion pesos
|
| Term: | 1,792 days
|
| Price: | 99.25158
|
| Yield: | 0.18%
|
|
|
| Bonds due 2029
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| Issue: | Bonos 20A
|
| Amount: | 2 billion pesos
|
| Maturity: | May 2029
|
| Coupon: | 8½%
|
| Price: | 93.306
|
| Yield: | 9.23%
|
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