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Published on 12/23/2014 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 11.5 billion of bonds in two tranches

By Toni Weeks

San Luis Obispo, Calif., Dec. 23 – Banco de Mexico sold Ps. 11.5 billion of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 3 billion of Bondes D4 with a term of 1,807 days. The bonds priced at 98.8287 to yield 0.25%. The demand for these bonds totaled Ps. 11.45 billion.

The bank also accepted bids for Ps. 8.5 billion of 10% 10-year Bonos. The bonds priced at 130.85 to yield 5.9%. The demand for these bonds totaled Ps. 21.72 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 11.5 billion
Auction date:Dec. 23
Bondes D4
Issue:Bondes D4
Amount:Ps. 3 billion
Term:1,807 days
Price:98.8287
Yield:0.25%
Bonos
Issue:Bonos
Amount:Ps. 8.5 billion
Term:10 years
Coupon:10%
Price:130.85
Yield:5.9%

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