By Richard Connell
New York, Sept. 28 - 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 450 million UDIs.
Mexico accepted bids for 5.5 billion pesos of 9% Bonos 3A with a maturity of June 2013. The bonds priced at 109.59 to yield 5.22%. A total of 13.13 billion pesos of demand was received for this tranche.
The bank also accepted bids for 450 million UDIs of 5½% bonds with a maturity of December 2012. The bonds priced at 110.05 to yield 0.98%. A total of 1,337,240,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 5.5 billion pesos, 450 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | Sept. 28
|
|
|
| Bonds due 2013
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| Issue: | Bonos 3A
|
| Amount: | 5.5 billion pesos
|
| Maturity: | June 2013
|
| Coupon: | 9%
|
| Price: | 109.59
|
| Yield: | 5.22%
|
|
|
| Bonds due 2012
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| Issue: | UDI Bonos 3A
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| Amount: | 450 million UDIs
|
| Maturity: | December 2012
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| Coupon: | 5½%
|
| Price: | 110.05
|
| Yield: | 0.98%
|
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