By Richard Connell
New York, July 14 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, totaling 4.5 billion pesos.
Mexico accepted bids for 2.5 billion pesos of Bondes D bonds with a term of 1,771 days. The bonds priced at 99.18099 to yield 0.19%. Demand totaled 4.15 billion pesos in this auction.
Mexico also accepted bids for 2 billion pesos of 8½% Bonos 30A bonds with a maturity of November 2038. The bonds priced at 94.05707 to yield 9.08%. Demand totaled 5,390,500,000 pesos in this auction.
Issuer: | Banco de Mexico
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Total amount: | 4.5 billion pesos
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Issue: | Banco de Mexico bonds
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Auction date: | July 14
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Bonds due in 1,771 days
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Issue: | Bondes D
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Amount: | 2.5 billion pesos
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Term: | 1,771 days
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Price: | 99.18099
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Yield: | 0.19%
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Bonds due 2038
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Issue: | Bonos 30A
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Amount: | 2 billion pesos
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Maturity: | November 2038
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Coupon: | 8½%
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Price: | 94.05707
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Yield: | 9.08%
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