E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/7/2016 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 5 billion of bonds in two tranches

By Angela McDaniels

Tacoma, Wash., June 7 – Banco de Mexico sold Ps. 5 billion of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 3 billion of Bondes D with a term of 1,806 days. The bonds priced at 99.09056 for a spread of 20 basis points. The demand for these bonds totaled Ps. 12.35 billion.

The bank accepted bids for Ps. 2 billion of 7¾% 30-year Bonos. The bonds priced at 110.97666 to yield 6.85%. The demand for these bonds totaled Ps. 10.48 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 5 billion
Auction date:June 7
Bondes D
Issue:Bondes D
Amount:Ps. 3 billion
Term:1,806 days
Price:99.09056
Spread:20 bps
Bonos
Issue:Bonos
Amount:Ps. 2 billion
Term:30 years
Coupon:7¾%
Price:110.97666
Yield:6.85%

© 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.