New Issue: Banco de Mexico auctions 3.1 billion pesos, 400 million UDIs in two series of bonds

By Richard Connell

New York, Oct. 28 - The Banco de Mexico announced the results of its auction in two parts.

Mexico accepted bids for 3.1 billion pesos of 8.5% bonds with a maturity of June 2011. The bonds priced at 98.93 to yield 8.95%. Demand totaled 9.98 billion pesos in this auction.

Mexico also accepted bids for 400 million UDIs of 3.25% bonds with a maturity of December 2010. The bonds priced at 97.3 to yield 4.56%. A total of 1.100865 billion UDIs of demand was received in this auction.

Issuer:	Banco de Mexico
Total Amount:	3.1 billion pesos, 400 million UDIs
Auction Date:	Oct. 28
Bonds due
Issue:	Bonos 3A
Amount:	3.1 billion pesos
Maturity:	June 2011
Coupon:	8.5%
Price:	98.93
Yield:	8.95%
Bonds due
Issue:	UDIBonos 3A
Amount:	400 million UDIs
Maturity:	December 2010
Coupon:	3.25%
Price:	97.3
Yield:	4.56%

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