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Published on 7/20/2010 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 550 million UDIs of bonds due June 2019 to yield 2.53%

By Richard Connell

New York, July 20 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in one tranche for 550 million UDIs.

Mexico accepted bids for 550 million UDIs of 4% bonds with a maturity of June 2019. The bonds priced at 111.78922 to yield 2.53%.

A total of 1,777,440,000 UDIs of demand was received in this auction.

Issuer:Banco de Mexico
Issue:UDI Bonos 10A
Amount:550 million UDIs
Maturity:June 2019
Coupon:4%
Price:111.78922
Yield:2.53%
Auction date:July 20

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