E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/15/2012 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 6 billion of bonds in two tranches

By Susanna Moon

Chicago, May 15 - Banco de Mexico sold Ps. 6 billion of bonds in two tranches in an auction on Tuesday.

The bank accepted bids for Ps. 1.5 billion of Bondes D due in 1,806 days. The bonds priced at 98.62771 for a sobretasa yield of 31 basis points. The demand for these bonds totaled Ps. 6.73 billion.

The bank also accepted bids for Ps. 4.5 billion of 7¾% Bonos 20A due May 2031. The bonds priced at 105.14151 to yield 7¼%. The demand for these bonds totaled Ps. 11.12 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 6 billion
Auction date:May 15
Bondes D
Amount:Ps. 1.5 billion
Maturity:1,806 days
Price:98.62771
Sobretasa yield:31 bps
Bonos 20A
Amount:Ps. 4.5 billion
Maturity:May 2031
Coupon:7¾%
Price:105.14151
Yield:7¼%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.