E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/15/2011 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 9 billion, UDI 500 million of bonds

By Susanna Moon

Chicago, Nov. 15 - Banco de Mexico sold Ps. 9 billion and 500 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 1.5 billion of Bondes D4 due in 1,806 days. The bonds priced at 98.6724 for a sobretasa yield of 30 basis points. The demand for these bonds totaled Ps. 3.695 billion.

The bank accepted bids for Ps. 7.5 billion of 6½% Bonos 10A due in 3,493 days. The bonds priced at 100.85002 to yield 6.38%. The demand for these bonds totaled Ps. 14.255 billion.

The bank also accepted bids for 500 million UDIs of 4% UDI Bonos 30A due in 10,591 days. The bonds priced at 101.04 to yield 3.94%. The demand for these bonds totaled 1.164 billion UDIs.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 9 billion, 500 million UDIs
Auction date:Nov. 15
Bondes D4
Issue:Bondes D4
Amount:Ps. 1.5 billion
Maturity:
Price:98.6724
Yield:30 bps
Bonos 10A
Issue:Bonos 10A
Amount:Ps. 7.5 billion
Maturity:June 2021
Coupon:6½%
Price:100.85002
Yield:6.38%
UDI Bonos 30A
Issue:UDI Bonos 30A
Amount:500 million UDIs
Maturity:November 2040
Coupon:4%
Price:101.04
Yield:3.94%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.