By Angela McDaniels
Tacoma, Wash., May 31 - Banco de Mexico sold Ps. 8.75 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 1,799 days. The bonds priced at 99.18678 for a "sobretasa" spread of 18 basis points. The demand for these bonds totaled Ps. 4.85 billion.
The bank accepted bids for Ps. 7.5 billion of 6½% Bonos 10A due June 2021. The bonds priced at 96.993 to yield 6.92%. The demand for these bonds totaled Ps. 16.95 billion.
The bank also accepted bids for 600 million UDIs of 4% UDI Bonos 30A due November 2040. The bonds priced at 104.6527 to yield 3.74%. The demand for these bonds totaled 1.42 billion UDIs.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 8.75 billion, 600 million UDIs
|
| Auction date: | May 31
|
|
|
| Bondes D
|
| Issue: | Bondes D
|
| Amount: | Ps. 1.25 billion
|
| Term: | 1,799 days
|
| Price: | 99.18678
|
| Spread: | 18 bps
|
|
|
| Bonos 10A
|
| Issue: | Bonos 20A
|
| Amount: | Ps. 7.5 billion
|
| Maturity: | June 2021
|
| Coupon: | 6½%
|
| Price: | 96.993
|
| Yield: | 6.92%
|
|
|
| UDI Bonos
|
| Issue: | UDI Bonos 30A
|
| Amount: | 600 million UDIs
|
| Maturity: | November 2040
|
| Coupon: | 4%
|
| Price: | 104.6527
|
| Yield: | 3.74%
|
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