By Reshmi Basu
New York, Oct. 4- Mexico's Ministry of Finance announced the results of this week's government securities auction.
The 28-day Cetes bills were priced to yield 8.99%. Bids ranged from 8.96%% to 9.03%. Of the Ps. 13.39 billion bids tendered, Ps. 4 billion were accepted. Last week, the yield on the 28-day bills was 9.02%.
The 91-day Cetes bills were priced to yield 9.06%. Bids ranged from 9% to 9.08%. Of the Ps. 29 billion bids tendered, Ps. 5.5 billion were accepted. Last week, the yield on the 91-day bills was 9.03%.
The 175-day Cetes bills were priced at 8.84%. Bids ranged from 8.80% to 8.88%. Of the Ps. 16.4 billion bids tendered, Ps. 4.8 billion were accepted. Last week, the yield on the 175-day bills was 8.79%.
Meanwhile the 9% bonos 3A due 2007 priced at 100.90184 to yield 8.54%. Bids ranged from 100.90184 to 100.90184. Of Ps. 6.35 billion bids tendered, Ps. 2.3 billion were accepted. Last week the bond priced at 100.44 to yield 8.78%.
The 9% bonos 7A bond due 2011 priced at 101.649 to yield 8.65%. The bids ranged from 101.449 to 101.649. Of Ps. 5.4 billion bids tendered, Ps. 2.2 billion were accepted. Last week, the issue priced at 101.4217 to yield 8.70%.
Issue | Bids | Amount issued | Yield
|
28-day Cetes | Ps. 13.39 billion | Ps. 4 billion | 8.99%
|
91-day Cetes | Ps. 29 billion | Ps. 5.5 billion | 9.06%
|
175-day Cetes | Ps. 16.4 billion | Ps. 4.8 billion | 8.84%
|
|
Bond | Bids | Amount issued | Price/yield
|
9% bonos 3A due 2007 | Ps. 6.35 billion | Ps. 2.3 billion | 100.9018/8.54%
|
9% bonos 7A due 2011 | Ps. 5.44 billion | Ps. 2.2 billion | 101.649/8.65%
|
|
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