By Richard Connell
New York, March 10 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in three parts, two totaling 3.5 billion pesos and one for 450 million UDIs.
Mexico accepted bids for 1.5 billion pesos of Bondes D bonds with a term of 1,778 days. The bonds priced at 99.04756 to yield 0.23%. Demand totaled 1,950,900,000 pesos in this auction.
The issuer also accepted bids for 2 billion pesos of 8½% Bonos 30A bonds with a maturity of November 2038. The bonds priced at 87.62503 to yield 9.78%. Demand totaled 5.805 billion pesos in this auction.
Mexico also accepted bids for 450 million UDIs of 4½% bonds with a maturity of November 2035. The bonds priced at 93.47409 to yield 4.94%. A total of 1,929,575,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 3.5 billion pesos, 450 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | March 10
|
|
|
| Bonds due in 1,778 days
|
| Issue: | Bondes D
|
| Amount: | 1.5 billion pesos
|
| Term: | 1,778 days
|
| Price: | 99.04756
|
| Yield: | 0.23%
|
|
|
| Bonds due 2038
|
| Issue: | Bonos 30A
|
| Amount: | 2 billion pesos
|
| Maturity: | November 2038
|
| Coupon: | 8½%
|
| Price: | 87.62503
|
| Yield: | 9.78%
|
|
|
| Bonds due 2035
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| Issue: | UDIBonos 30A
|
| Amount: | 450 million UDIs
|
| Maturity: | November 2035
|
| Coupon: | 4½%
|
| Price: | 93.47409
|
| Yield: | 4.94%
|
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