New Issue: Banco de Mexico auctions Ps. 4.5 billion, 450 million UDIs of bonds in two tranches

By Susanna Moon

Chicago, March 15 - Banco de Mexico sold Ps. 4.5 billion and 450 million UDIs of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 4.5 billion of Bonos 3A with a term of 1,008 days. The bonds priced at 105.33224 for a "sobretasa" spread of 5.9 basis points. The demand for these bonds was Ps. 16.96 billion.

The bank also accepted bids for 450 million UDIs of 3½% Udibonos 3A with a term of 1,008 days. The bonds priced at 103.75749 for a "sobretasa" spread of 2.11 bps. The demand for these bonds was 1.4 billion UDIs.

Issuer:	Banco de Mexico
Issue:	Banco de Mexico bonds
Total amount:	Ps. 4.5 billion and 450 million UDIs
Auction date:	March 15
Bonos
Issue:	Bonos 3A
Amount:	Ps. 4.5 billion
Term:	1,008 days
Coupon:	8%
Price:	105.33224
Spread:	5.9 bps
Udibonos
Issue:	Udibonos 3A
Amount:	450 million UDIs
Term:	1,008 days
Coupon:	3½%
Price:	103.75749
Spread:	2.11 bps

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