New Issue: Banco de Mexico auctions Ps. 5.25 billion, UDI 600 million of bonds in three tranches

By Angela McDaniels

Tacoma, Wash., April 5 - Banco de Mexico sold Ps. 5.25 billion and 600 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 1.25 billion of Bondes D with a term of 1,792 days. The bonds priced at 99.06206 for a "sobretasa" spread of 21 basis points. The demand for these bonds totaled Ps. 3.9 billion.

The bank accepted bids for Ps. 4 billion of 8½% Bonos 30A due November 2038. The bonds priced at 99.97791 to yield 8½%. The demand for these bonds totaled Ps. 13.51 billion.

The bank also accepted bids for 600 million UDIs of 4% Udibonos 30A with a term of 10,815 days. The bonds priced at 95.61199 to yield 4.26%. The demand for these bonds totaled 1.55 billion UDIs.

Issuer:	Banco de Mexico
Issue:	Banco de Mexico bonds
Total amount:	Ps. 5.25 billion, 600 million UDIs
Auction date:	April 5
Bonds due in 1,792 days
Issue:	Bondes D
Amount:	Ps. 1.25 billion
Term:	1,792 days
Price:	99.06206
Spread:	21 bps
Bonds due 2038
Issue:	Bonos 30A
Amount:	Ps. 4 billion
Maturity:	November 2038
Coupon:	8½%
Price:	99.97791
Yield:	8½%
Bonds due in 10,815 days
Issue:	Udibonos 30A
Amount:	600 million UDIs
Term:	10,815 days
Coupon:	4%
Price:	95.61199
Yield:	4.26%

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