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 5/29/2012 in the Prospect News Emerging Markets Daily.

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

By Susanna Moon

Chicago, May 29 - 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 Bondes D due in 1,792 days. The bonds priced at 98.61637 for a sobretasa spread of 31 basis points. The demand for these bonds totaled Ps. 62.95 billion.

The bank also accepted bids for 600 million UDIs of 4% UDI Bonos 30A due December 2040. The bonds priced at 107.70680 to yield 3.57%. The demand for these bonds totaled 1.67 billion UDIs.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 1.5 billion, 600 million UDIs
Auction date:May 29
Bondes D
Issue:Bondes D
Amount:Ps. 1.5 billion
Maturity:1,792 days
Price:98.61637
Sobretasa spread:31 bps
UDI Bonos 30A
Issue:UDI Bonos 30A
Amount:600 million UDIs
Maturity:November 2040
Coupon:4%
Price:107.70680
Yield:3.57%

© 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.