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Published on 7/23/2013 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 4.8 billion, UDI 550 million of bonds

By Toni Weeks

San Luis Obispo, Calif., July 23 - Banco de Mexico sold Ps. 4.8 billion and 550 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 1.8 billion of Bondes D4 due in 1,785 days. The bonds priced at 98.94824 to yield 0.23%. The demand for these bonds totaled Ps. 6.71 billion.

The bank also accepted bids for Ps. 3 billion of 7.75% Bonos 30A due November 2042. The bonds priced at 112.7455 to yield 6.75%. The demand for these bonds totaled Ps. 11,452,000,000.

Finally, the bank accepted bids for 550 million UDI of 4% UDI Bonos 30A due November 2040. The bonds priced at 113.63 to yield 3.25%. The demand for these bonds totaled 1,187,895,000 UDI.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 4.8 billion and 550 million UDI
Auction date:July 23
Bondes D4
Issue:Bondes D4
Amount:Ps. 1.8 billion
Maturity:1,785 days
Price:98.94824
Yield:0.23%
Bonos 30A
Issue:Bonos 30A
Amount:Ps. 3 billion
Maturity:November 2042
Coupon:7.75%
Price:112.7455
Yield:6.75%
UDI Bonos 30A
Issue:UDI Bonos 30A
Amount:550 million UDI
Maturity:November 2040
Coupon:4%
Price:113.63
Yield:3.25%

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