By Marisa Wong
Morgantown, W.Va., April 17 – 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 8% Bonos due December 2023. The bonds priced at 103.63300 to yield 7.21%. The demand for these bonds totaled about Ps. 18.79 billion.
The bank also accepted bids for UDI 700 million of 4% UDI Bonos due November 2028. The bonds priced at 102.42000 to yield 3.72%. The demand for these bonds totaled about UDI 2.02 billion.
Issuer: | Banco de Mexico
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Issue: | Banco de Mexico bonds
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Total amount: | Ps. 8.5 billion, UDI 700 million
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Auction date: | April 17
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Bonos
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Issue: | Bonos
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Amount: | Ps. 8.5 billion
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Maturity: | December 2023
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Coupon: | 8%
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Price: | 103.63300
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Yield: | 7.21%
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UDI Bonos
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Issue: | UDI Bonos
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Amount: | UDI 700 million
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Maturity: | November 2028
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Coupon: | 4%
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Price: | 102.42000
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Yield: | 3.72%
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