By Wendy Van Sickle
Columbus, Ohio., May 9 – Banco de Mexico sold Ps. 7.5 billion and UDI 800 million of bonds in an auction on Tuesday.
The bank accepted bids for Ps. 4.5 billion of Bondes D with a term of 1,771 days. The bonds priced at 99.13628 for a spread of 21 basis points. The demand for these bonds totaled Ps. 21.85 billion.
The bank also accepted bids for Ps. 3 billion of 8% Bonos due 2047. The bonds priced at 104.628 to yield 7.61%. The demand for these bonds totaled Ps. 6.34 billion.
| Issuer: | Banco de Mexico
|
| Issue: | Banco de Mexico bonds
|
| Total amount: | Ps. 7.5 billion
|
| Auction date: | May 9
|
|
|
| Bondes D
|
| Issue: | Bondes D
|
| Amount: | Ps. 4.5 billion
|
| Tenor: | 1,771 days
|
| Price: | 99.13628
|
| Spread: | 21 bps
|
|
|
| Bonos
|
| Issue: | Bonos
|
| Amount: | Ps. 3 billion
|
| Maturity: | November 2047
|
| Coupon: | 8%
|
| Price: | 104.628
|
| Yield: | 7.61%
|
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