By Richard Connell
New York, Sept. 1 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, one for 5 billion pesos and one for 400 million UDIs.
Mexico accepted bids for 5 billion pesos of 7½% Bonos 3A bonds with a maturity of June 2012. The bonds priced at 102.28058 to yield 6.6%. Demand totaled 13.895 billion pesos in this auction.
The bank also accepted bids for 400 million UDIs of 3¼% bonds with a maturity of June 2012. The bonds priced at 102.49 to yield 2.34%. A total of 1,102,850,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 5 billion pesos, 400 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | Sept. 1
|
|
|
| Bonds due 2012
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| Issue: | Bonos3A
|
| Amount: | 5 billion pesos
|
| Maturity: | June 2012
|
| Coupon: | 7½%
|
| Price: | 102.28058
|
| Yield: | 6.6%
|
|
|
| Bonds due 2012
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| Issue: | UDI Bonos 3A
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| Amount: | 400 million UDIs
|
| Maturity: | June 2012
|
| Coupon: | 3¼%
|
| Price: | 102.49
|
| Yield: | 2.34%
|
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