By Marisa Wong
Morgantown, W.Va., April 30 – Banco de Mexico sold Ps. 8.5 billion and UDI 950 million of bonds in an auction on Monday.
The bank accepted bids for Ps. 8.5 billion of 7¼% Bonos due December 2021. The bonds priced at 99.53667 to yield 7.4%. The demand for these bonds totaled about Ps. 15.74 billion.
The bank also accepted bids for UDI 950 million of 2½% UDI Bonos due December 2020. The bonds priced at 97.07550 to yield 3.67%. 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 950 million
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Auction date: | April 30
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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 2021
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Coupon: | 7¼%
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Price: | 99.53667
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Yield: | 7.4%
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UDI Bonos
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Issue: | UDI Bonos
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Amount: | UDI 950 million
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Maturity: | December 2020
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Coupon: | 2½%
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Price: | 97.07550
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Yield: | 3.67%
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