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 6/19/2012 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 6.5 billion, UDI 700 million of bonds

By Angela McDaniels

Tacoma, Wash., June 19 - Banco de Mexico sold Ps. 6.5 billion and 700 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 6.5 billion of 6¼% Bonos 5A due June 2016. The bonds priced at 105.31009 to yield 4.79%. The demand for these bonds totaled Ps. 12.15 billion.

The bank also accepted bids for 700 million UDIs of 2½% UDI Bonos 10A due December 2020. The bonds priced at 107.03341 to yield 1.62%. The demand for these bonds totaled 2.17 billion UDIs.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 6.5 billion, 700 million UDIs
Auction date:June 19
Bonos
Issue:Bonos 5A
Amount:Ps. 6.5 billion
Maturity:June 2016
Coupon:6¼%
Price:105.31009
Yield:4.79%
UDI Bonos
Issue:UDI Bonos 10A
Amount:700 million UDIs
Maturity:December 2020
Coupon:2½%
Price:107.03341
Yield:1.62%

© 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.