Published on 6/16/2009 in the Prospect News Emerging Markets Daily.
New Issue: Banco de Mexico auctions 5.75 billion pesos to yield 0.17%, 8.22%
By Richard Connell
New York, June 16 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, totaling 5.75 billion pesos.
Mexico accepted bids for 1.75 billion pesos of Bondes D bonds with a term of 1,799 days. The bonds priced at 99.26645 to yield 0.17%. Demand totaled 4.95 billion pesos in this auction.
Mexico also accepted bids for 4 billion pesos of 8½% Bonos 10A bonds with a maturity of December 2018. The bonds priced at 101.835 to yield 8.22%. Demand totaled 7.54 billion pesos in this auction.
Issuer: | Banco de Mexico
|
Total amount: | 5.75 billion pesos
|
Issue: | Banco de Mexico bonds
|
Auction date: | June 16
|
|
Bonds due in 1,799 days
|
Issue: | Bondes D
|
Amount: | 1.75 billion pesos
|
Term: | 1,799 days
|
Price: | 99.26645
|
Yield: | 0.17%
|
|
Bonds due 2018
|
Issue: | Bonos 10A
|
Amount: | 4 billion pesos
|
Maturity: | December 2018
|
Coupon: | 8½%
|
Price: | 101.835
|
Yield: | 8.22%
|
© 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.