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Published on 11/12/2014 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 11.5 billion, UDI 550 million of bonds

By Toni Weeks

San Luis Obispo, Calif., Nov. 12 – Banco de Mexico sold Ps. 11.5 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 1,785 days. The bonds priced at 98.8837 to yield 0.24%. The demand for these bonds totaled Ps. 14.45 billion.

The bank accepted bids for Ps. 8.5 billion of 10% 10-year Bonos. The bonds priced at 130.37107 to yield 5.98%. The demand for these bonds totaled Ps. 18.99 billion.

The bank also accepted bids for UDI 550 million of 4% 30-year UDI Bonos. The bonds priced at 108.87 to yield 3.54%. The demand for these bonds totaled UDI 1.32 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 11.5 billion, UDI 550 million
Auction date:Nov. 11
Bondes D4
Issue:Bondes D4
Amount:Ps. 3 billion
Term:1,785 days
Price:98.8837
Yield:0.24%
Bonos
Issue:Bonos
Amount:Ps. 8.5 billion
Term:10 years
Coupon:10%
Price:130.37107
Yield:5.98%
UDI Bonos
Issue:UDI Bonos
Amount:UDI 550 million
Term:30 years
Coupon:4%
Price:108.87
Yield:3.54%

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