By Angela McDaniels
Tacoma, Wash., April 10 – Banco de Mexico sold Ps. 12.5 billion of bonds in an auction on Monday.
The bank accepted bids for Ps. 4.5 billion of Bondes D with a term of 1,800 days. The bonds priced at 99.0668 for a spread of 22 basis points. The demand for these bonds totaled Ps. 15.85 billion.
The bank accepted bids for Ps. 8 billion of 7½% 10-year Bonos. The bonds priced at 101.8478 to yield 7.24%. The demand for these bonds totaled Ps. 14.99 billion.
Issuer: | Banco de Mexico
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Issue: | Banco de Mexico bonds
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Total amount: | Ps. 12.5 billion
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Auction date: | April 10
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Bondes D
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Issue: | Bondes D
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Amount: | Ps. 4.5 billion
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Term: | 1,800 days
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Price: | 99.0668
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Spread: | 22 bps
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Bonos
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Issue: | Bonos
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Amount: | Ps. 8 billion
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Term: | 10 years
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Coupon: | 7½%
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Price: | 101.8478
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Yield: | 7.24%
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