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Published on 2/12/2013 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 8.5 billion, UDI 800 million of bonds

By Toni Weeks

San Luis Obispo, Calif., Feb. 12 - Banco de Mexico sold Ps. 8.5 billion and 800 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 8.5 billion of 6¼% Bonos 3A due June 2016. The bonds priced at 105.4 to yield 4.51%. The demand for these bonds totaled Ps. 15,816,500,000.

The bank also accepted bids for 800 million UDI of 5% UDI Bonos 3A due June 2016. The bonds priced at 113.14758 to yield 1.03%. The demand for these bonds totaled 1,465,650,000 UDI.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 8.5 billion and 800 million UDI
Auction date:Feb. 12
Bonos 3A
Issue:Bonos 3A
Amount:Ps. 8.5 billion
Maturity:June 2016
Coupon:6¼%
Price:105.4
Yield:4.51%
UDI Bonos 3A
Issue:UDI Bonos 3A
Amount:800 million UDI
Maturity:June 2016
Coupon:5%
Price:113.14758
Yield:1.03%

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