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Published on 2/14/2012 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 7.5 billion, UDI 600 million of bonds

By Susanna Moon

Chicago, Feb. 14 - Banco de Mexico sold Ps. 7.5 billion and 750 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 7.5 billion of Bonos 3A due December 2014. The 9½% bonds priced at 112.13704 to yield 4.92%. The demand for these bonds totaled Ps. 13.36 billion.

The bank also accepted bids for 750 million UDIs of 4½% UDI Bonos 3A due December 2014. The bonds priced at 108.98 to yield 1.31%. The demand for these bonds totaled 2.91 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 3A
Issue:Bonos 3A
Amount:Ps. 7.5 billion
Maturity:December 2014
Coupon:9½%
Price:112.13704
Yield:4.92%
UDI Bonos 3A
Issue:UDI Bonos 3A
Amount:750 million UDIs
Maturity:December 2014
Coupon:4½%
Price:108.98
Yield:1.31%

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