By Angela McDaniels
Tacoma, Wash., April 18 - Banco de Mexico sold Ps. 8.75 billion of bonds in an auction on Monday.
The bank accepted bids for Ps. 1.25 billion of Bondes D with a term of 1,779 days. The bonds priced at 99.06031 for a "sobretasa" spread of 21 basis points. The demand for these bonds totaled Ps. 5.8 billion.
The bank also accepted bids for Ps. 7.5 billion of 6½% Bonos 10A due June 2021. The bonds priced at 94.41364 to yield 7.28%. The demand for these bonds totaled Ps. 17.29 billion.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 8.75 billion
|
| Auction date: | April 18
|
|
|
| Bondes D
|
| Issue: | Bondes D
|
| Amount: | Ps. 1.25 billion
|
| Term: | 1,779 days
|
| Price: | 99.06031
|
| Spread: | 21 bps
|
|
|
| Bonos 10A
|
| Issue: | Bonos 10A
|
| Amount: | Ps. 7.5 billion
|
| Maturity: | June 2021
|
| Coupon: | 6½%
|
| Price: | 94.41364
|
| Yield: | 7.28%
|
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