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Published on 2/9/2010 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 4.75 billion pesos of bonds in two tranches

By Richard Connell

New York, Feb. 9 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, totaling 4.75 billion pesos.

Mexico accepted bids for 2.25 billion pesos of Bondes D bonds with a term of 1,799 days. The bonds priced at 99.08836 to yield 0.20%. Demand totaled 6.9 billion pesos in this auction.

Mexico also accepted bids for 2.5 billion pesos of 8½% Bonos 30A bonds with a maturity of November 2038. The bonds priced at 100.09 to yield 8.49%. Demand totaled 11.31 billion pesos in this auction.

Issuer:Banco de Mexico
Total amount:4.75 billion pesos
Issue:Banco de Mexico bonds
Auction date:Feb. 9
Bonds due in 1,799 days
Issue:Bondes D
Amount:2.25 billion pesos
Term:1,799 days
Price:99.08836
Yield:0.20%
Bonds due 2038
Issue:Bonos 30A
Amount:2.5 billion pesos
Maturity:November 2038
Coupon:8½%
Price:100.09
Yield:8.49%

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