New Issue: Banco de Mexico auctions Ps. 8.5 billion, UDI 600 million of bonds

By Marisa Wong

Morgantown, W.Va., May 16 – Banco de Mexico sold Ps. 8.5 billion and UDI 600 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 8.5 billion of 6½% Bonos due 2022. The bonds priced at 97.7 to yield 7.04%. The demand for these bonds totaled Ps. 23.37 billion.

The bank also accepted bids for UDI 600 million of 4% UDI Bonos due 2028. The bonds priced at 106.151 to yield 3.36%. The demand for these bonds totaled UDI 1.35 billion.

Issuer:	Banco de Mexico
Issue:	Banco de Mexico bonds
Total amount:	Ps. 8.5 billion, UDI 600 million
Auction date:	May 16
Bonos
Issue:	Bonos
Amount:	Ps. 8.5 billion
Maturity:	June 2022
Coupon:	6½%
Price:	97.7
Yield:	7.04%
UDI Bonos
Issue:	UDI Bonos
Amount:	UDI 600 million
Maturity:	November 2028
Coupon:	4%
Price:	106.151
Yield:	3.36%

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