By Angela McDaniels
Tacoma, Wash., Oct. 25 – Banco de Mexico sold Ps. 10 billion of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 3 billion of Bondes D with a term of 1,784 days. The bonds priced at 99.10007 for a spread of 20 basis points. The demand for these bonds totaled Ps. 13.64 billion.
The bank accepted bids for Ps. 7 billion of 5¾% 10-year Bonos. The bonds priced at 97.56923 to yield 6.09%. The demand for these bonds totaled Ps. 13.12 billion.
Issuer: | Banco de Mexico
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Issue: | Banco de Mexico bonds
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Total amount: | Ps. 10 billion
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Auction date: | Oct. 25
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Bondes D
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Issue: | Bondes D
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Amount: | Ps. 3 billion
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Term: | 1,784 days
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Price: | 99.10007
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Spread: | 20 bps
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Bonos
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Issue: | Bonos
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Amount: | Ps. 7 billion
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Term: | 10 years
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Coupon: | 5¾%
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Price: | 97.56923
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Yield: | 6.09%
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