By Richard Connell
New York, Nov. 16 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in three parts, two totaling 5.5 billion pesos and one for 600 million UDIs.
Mexico accepted bids for 1 billion pesos of Bondes D bonds with a term of 1,813 days. The bonds priced at 99.24125 to yield 0.17%. Demand totaled 2.325 billion pesos in this auction.
The bank also accepted bids for 4.5 billion pesos of 8½% Bonos 20A with a maturity of May 2029. The bonds priced at 112.267 to yield 7.29%.
In a third tranche, Mexico accepted bids for 600 million UDIs of 4% bonds with a maturity of November 2040. The bonds priced at 109.52 to yield 3.49%. A total of 1,039,690,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 5.5 billion pesos, 600 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | Nov. 16
|
|
|
| Bonds due in 1,813 days
|
| Issue: | Bondes D
|
| Amount: | 1 billion pesos
|
| Term: | 1,813 days
|
| Price: | 99.24125
|
| Yield: | 0.17%
|
|
|
| Bonds due 2029
|
| Issue: | Bonos 20A
|
| Amount: | 4.5 billion pesos
|
| Maturity: | May 2029
|
| Coupon: | 8½%
|
| Price: | 112.267
|
| Yield: | 7.29%
|
|
|
| Bonds due 2040
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| Issue: | UDI Bonos 30A
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| Amount: | 600 million UDIs
|
| Maturity: | November 2040
|
| Coupon: | 4%
|
| Price: | 109.52
|
| Yield: | 3.49%
|
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