By Angela McDaniels
Tacoma, Wash., May 3 - Banco de Mexico sold Ps. 5.75 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 1,764 days. The bonds priced at 99.09306 for a "sobretasa" spread of 21 basis points. The demand for these bonds totaled Ps. 6.55 billion.
The bank accepted bids for Ps. 4.5 billion of 8½% Bonos 20A due May 2029. The bonds priced at 106.76 to yield 7.8%. The demand for these bonds totaled Ps. 12.8 billion.
The bank also accepted bids for 600 million UDIs of 4% Udibonos 30A due November 2040. The bonds priced at 102.82981 to yield 3.84%. The demand for these bonds totaled 1.22 billion UDIs.
| Issuer: | Banco de Mexico
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| Issue: | Banco de Mexico bonds
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| Total amount: | Ps. 5.75 billion, 600 million UDIs
|
| Auction date: | May 3
|
|
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| Bonds due in 1,764 days
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| Issue: | Bondes D
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| Amount: | Ps. 1.25 billion
|
| Term: | 1,764 days
|
| Price: | 99.09306
|
| Spread: | 21 bps
|
|
|
| Bonds due 2029
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| Issue: | Bonos 20A
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| Amount: | Ps. 4.5 billion
|
| Maturity: | May 2029
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| Coupon: | 8½%
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| Price: | 106.76
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| Yield: | 7.8%
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| Bonds due 2040
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| Issue: | Udibonos 30A
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| Amount: | 600 million UDIs
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| Maturity: | November 2040
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| Coupon: | 4%
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| Price: | 102.82981
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| Yield: | 3.84%
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