E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/1/2010 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 8.5 billion pesos in two tranches

By Richard Connell

New York, Nov. 1 - The Banco de Mexico announced the results of its weekly auction of bonds. Monday's sale came in two parts, totaling 8.5 billion pesos.

Mexico accepted bids for 1 billion pesos of Bondes D bonds with a term of 1,771 days. The bonds priced at 99.26368 to yield 0.17%. Demand totaled 1.85 billion pesos in this auction.

The bank also accepted bids for 7.5 billion pesos of 8% Bonos 10A with a maturity of June 2020. The bonds priced at 113.555 to yield 6.13%

Issuer:Banco de Mexico
Total amount:8.5 billion pesos
Issue:Banco de Mexico bonds
Auction date:Nov. 1
Bonds due in 1,771 days
Issue:Bondes D
Amount:1 billion pesos
Term:1,771 days
Price:99.26368
Yield:0.17%
Bonds due 2020
Issue:Bonos 10A
Amount:7.5 billion pesos
Maturity:June 2020
Coupon:8%
Price:113.555
Yield:6.13%

© 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.