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Published on 2/7/2012 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 1.5 billion, UDI 600 million of bonds

By Jennifer Chiou

New York, Feb. 7 - Banco de Mexico sold Ps. 1.5 billion and 600 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 1.5 billion of Bonos D4 due 2017. The bonds priced at 98.75819 to yield 0.28%. The demand for these bonds totaled Ps. 59.8 billion.

The bank also accepted bids for 600 million UDIs of 4% UDI Bonos 30A due November 2040. The bonds priced at 104.77302 to yield 3.73%. The demand for these bonds totaled 1.42 billion UDIs.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 1.5 billion, 600 million UDIs
Auction date:Feb. 7
Bonos
Issue:Bonos D4
Amount:Ps. 1.5 billion
Maturity:2017
Price:98.75819
Yield:0.28%
UDI Bonos
Issue:UDI Bonos 30A
Amount:600 million UDIs
Maturity:November 2040
Coupon:4%
Price:104.77302
Yield:3.73%

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