By Richard Connell
New York, June 22 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, one for 5.5 billion pesos and one for 550 million UDIs.
Mexico accepted bids for 5.5 billion pesos of 9½% Bonos 5A bonds with a maturity of December 2014. The bonds priced at 112.7824 to yield 6.23%. Demand totaled 13,178,100,000 pesos in this auction.
The bank also accepted bids for 550 million UDIs of 4% bonds with a maturity of June 2019. The bonds priced at 109 to yield 2.87%. A total of 1,267,545,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 5.5 billion pesos, 550 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | June 22
|
|
|
| Bonds due 2014
|
| Issue: | Bonos 5A
|
| Amount: | 5.5 billion pesos
|
| Maturity: | December 2014
|
| Coupon: | 9½%
|
| Price: | 112.7824
|
| Yield: | 6.23%
|
|
|
| UDI bonds due 2019
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| Issue: | UDI Bonos 10A
|
| Amount: | 550 million UDIs
|
| Maturity: | June 2019
|
| Coupon: | 4%
|
| Price: | 109
|
| Yield: | 2.87%
|
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