By Wendy Van Sickle
Columbus, Ohio, March 1 – Banco de Mexico sold Ps. 7.5 billion and UDI 450 million of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 4.5 billion of Bondes D with a term of 1,785 days. The bonds priced at 98.92822 for a spread of 24 basis points. The demand for these bonds totaled Ps. 15.6 billion.
The bank accepted bids for Ps. 3 billion of 7¾% 20-year Bonos. The bonds priced at 110.83 to yield 6.73%. The demand for these bonds totaled Ps. 7.02 billion.
The bank also accepted bids for UDI 450 million of 4% 30-year UDI Bonos. The bonds priced at 102.616 to yield 3.85%. The demand for these bonds totaled UDI 1.16 billion.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 7.5 billion, UDI 450 million
|
| Auction date: | March 1
|
|
|
| Bondes D
|
| Issue: | Bondes D
|
| Amount: | Ps. 4.5 billion
|
| Term: | 1,785 days
|
| Price: | 98.92822
|
| Spread: | 24 bps
|
|
|
| Bonos
|
| Issue: | Bonos
|
| Amount: | Ps. 3 billion
|
| Term: | 20 years
|
| Coupon: | 7¾%
|
| Price: | 110.83
|
| Yield: | 6.73%
|
|
|
| UDI Bonos
|
| Issue: | UDI Bonos
|
| Amount: | UDI 450 million
|
| Term: | 30 years
|
| Coupon: | 4%
|
| Price: | 102.616
|
| Yield: | 3.85%
|
|
|
© 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.
