New Issue: Banco de Mexico auctions Ps. 8.5 billion, UDI 700 million of bonds

By Marisa Wong

Morgantown, W.Va., Jan. 24 – Banco de Mexico sold Ps. 8.5 billion and UDI 700 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 8.5 billion of 6½% five-year Bonos. The bonds priced at 96.191 to yield 7.36%. The demand for these bonds totaled Ps. 15.25 billion.

The bank also accepted bids for UDI 700 million of 4½% 10-year UDI Bonos. The bonds priced at 111.57 to yield 3.02%. The demand for these bonds totaled UDI 1.1 billion.

Issuer:	Banco de Mexico
Issue:	Banco de Mexico bonds
Total amount:	Ps. 8.5 billion, UDI 700 million
Auction date:	Jan. 24
Bonos
Issue:	Bonos
Amount:	Ps. 8.5 billion
Term:	1,960 days
Coupon:	6½%
Price:	96.191
Yield:	7.36%
UDI Bonos
Issue:	UDI Bonos
Amount:	UDI 700 million
Term:	3,234 days
Coupon:	4½%
Price:	111.57
Yield:	3.02%

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