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 6/27/2017 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 8.5 billion, UDI 800 million of bonds

By Marisa Wong

Morgantown, W.Va., June 27 – Banco de Mexico sold Ps. 8.5 billion and UDI 800 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 8.5 billion of 8% Bonos due June 2020. The bonds priced at 103.60617 to yield 6.65%. The demand for these bonds totaled Ps. 14.53 billion.

The bank also accepted bids for UDI 800 million of 2½% UDI Bonos due December 2020. The bonds priced at 98 to yield 3.11%. The demand for these bonds totaled UDI 1.39 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 8.5 billion, UDI 800 million
Auction date:June 27
Bonos
Issue:Bonos
Amount:Ps. 8.5 billion
Maturity:June 2020
Coupon:8%
Price:103.60617
Yield:6.65%
UDI Bonos
Issue:UDI Bonos
Amount:UDI 800 million
Maturity:December 2020
Coupon:2½%
Price:98
Yield:3.11%

© 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.