By Angela McDaniels
Tacoma, Wash., March 22 - Banco de Mexico sold Ps. 5.5 billion of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 1 billion of Bondes D with a term of 1,806 days. The bonds priced at 99.07385 for a "sobretasa" spread of 21 basis points. The demand for these bonds totaled Ps. 3.4 billion.
The bank also accepted bids for Ps. 4.5 billion of 8½% Bonos 20A due May 2029. The bonds priced at 103.02 to yield 8.18%. The demand for these bonds totaled Ps. 10.38 billion.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 5.5 billion
|
| Auction date: | March 22
|
|
|
| Bonds due in 1,806 days
|
| Issue: | Bondes D
|
| Amount: | Ps. 1 billion
|
| Term: | 1,806 days
|
| Price: | 99.07385
|
| Spread: | 21 bps
|
|
|
| Bonds due 2029
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| Issue: | Bonos 20A
|
| Amount: | Ps. 4.5 billion
|
| Maturity: | May 2029
|
| Coupon: | 8½%
|
| Price: | 103.02
|
| Yield: | 8.18%
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