By Angela McDaniels
Tacoma, Wash., July 22 – Banco de Mexico sold Ps. 6.5 billion and UDI 550 million of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 3 billion of Bondes D4 with a term of 1,778 days. The bonds priced at 99.14508 for a spread of 19 basis points. The demand for these bonds totaled Ps. 10.5 billion.
The bank accepted bids for Ps. 3.5 billion of 7¾% 20-year Bonos. The bonds priced at 115.33218 to yield 6.4%. The demand for these bonds totaled Ps. 11.04 billion.
The bank also accepted bids for UDI 550 million of 4% 30-year UDI Bonos. The bonds priced at 113.74 to yield 3.31%. The demand for these bonds totaled UDI 1.62 billion.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 6.5 billion, UDI 550 million
|
| Auction date: | July 22
|
|
|
| Bondes D4
|
| Issue: | Bondes D4
|
| Amount: | Ps. 3 billion
|
| Term: | 1,778 days
|
| Price: | 99.14508
|
| Spread: | 19 bps
|
|
|
| Bonos
|
| Issue: | Bonos
|
| Amount: | Ps. 3.5 billion
|
| Term: | 20 years
|
| Coupon: | 7¾%
|
| Price: | 115.33218
|
| Yield: | 6.4%
|
|
|
| UDI Bonos
|
| Issue: | UDI Bonos
|
| Amount: | UDI 550 million
|
| Term: | 30 years
|
| Coupon: | 4%
|
| Price: | 113.74
|
| Yield: | 3.31%
|
© 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.
