By Richard Connell
New York, Jan. 2 - The Banco de Mexico announced the results of its weekly auction of bonds. Monday's sale came in two parts totaling 2.5 billion pesos.
Mexico accepted bids for 1.5 billion pesos of Bondes D bonds with a term of 1,786 days. The bonds priced at 99.11312 to yield 0.22%. Demand totaled 2.55 billion pesos in this auction.
Mexico also accepted bids for 1 billion of 7.75% Bonos 10A with a maturity of December 2017. The bonds priced at 98.47 to yield 7.99%. A total of 2.74678 billion pesos of demand was received in this auction.
Issuer: | Banco de Mexico
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Total amount: | 2.5 billion pesos
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Issue: | Banco de Mexico bonds
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Auction date: | Dec. 29
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Bonds due in 1,786 days
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Issue: | Bondes D
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Amount: | 1.5 billion pesos
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Term: | 1,786 days
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Price: | 99.11312
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Yield: | 0.22%
|
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Bonds due 2017
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Issue: | Bonos 10A
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Amount: | 1 billion pesos
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Maturity: | December 2017
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Coupon: | 7.75%
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Price: | 98.47
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Yield: | 7.99%
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