By Richard Connell
New York, Dec. 29 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts totaling 5.5 billion pesos.
Mexico accepted bids for 1 billion pesos of Bondes D with a term of 1,771 days. The bonds priced at 99.09165 to yield 0.21%. A total of 1.5 billion pesos of demand was received for 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 107.4 to yield 7.74%. A total of 11.367 billion pesos of demand was received for this auction.
| Issuer: | Banco de Mexico
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| Total amount: | 5.5 billion pesos
|
| Issue: | Banco de Mexico bonds
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| Auction date: | Dec. 28
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|
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| Bonds due in 1,771 days
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| Issue: | Bondes D
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| Amount: | 1 billion pesos
|
| Term: | 1,771 days
|
| Price: | 99.09165
|
| Yield: | 0.21%
|
|
|
| Bonds due 2029
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| Issue: | Bonos 20A
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| Amount: | 4.5 billion pesos
|
| Maturity: | May 2029
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| Coupon: | 8½%
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| Price: | 107.4
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| Yield: | 7.74%
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