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Published on 5/21/2013 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., May 21 - 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 5% Bonos 5A due June 2017. The bonds priced at 103.22481 to yield 4.14%. The demand for these bonds totaled Ps. 21,051,400.

The bank also accepted bids for 800 million UDI of 2% UDI Bonos 10A due June 2022. The bonds priced at 105.50379 to yield 1.36%. The demand for these bonds totaled 2,334,655,000 UDI.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 8.5 billion and 800 million UDI
Auction date:May 21
Bonos 5A
Issue:Bonos 5A
Amount:Ps. 8.5 billion
Maturity:June 2017
Coupon:5%
Price:103.22481
Yield:4.14%
UDI Bonos 10A
Issue:UDI Bonos 10A
Amount:800 million UDI
Maturity:June 2022
Coupon:2%
Price:105.50379
Yield:1.36%

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