By Angela McDaniels
Tacoma, Wash., Aug. 1 – Banco de Mexico sold Ps. 7.25 billion of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 3.5 billion of its 8% Bonos due November 2047. The bonds priced at 109.1684 to yield 7¼%. The demand for these bonds totaled Ps. 6.61 billion.
The bank also accepted bids for Ps. 3.75 billion of Bondes D with a term of 1,806 days. The bonds priced at 99.23039 for a spread of 18 basis points. The demand for these bonds totaled Ps. 17.37 billion.
Issuer: | Banco de Mexico
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Issue: | Banco de Mexico bonds
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Total amount: | Ps. 7.25 billion
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Auction date: | Aug. 1
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Bonos
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Issue: | Bonos
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Amount: | Ps. 3.5 billion
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Maturity: | November 2047
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Coupon: | 8%
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Price: | 109.1684
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Yield: | 7¼%
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Bondes D
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Issue: | Bondes D
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Maturity: | 1,806 days
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Amount: | Ps. 3.75 billion
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Price: | 99.23039
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Spread: | 18 bps
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