E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/1/2009 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions 6.75 billion pesos of bonds in two tranches

By Richard Connell

New York, Dec. 1 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in two parts, totaling 6.75 billion pesos.

Mexico accepted bids for 2.25 billion pesos of Bondes D bonds with a term of 1,806 days. The bonds priced at 98.83483 to yield 0.26%. Demand totaled 6.55 billion pesos in this auction.

Mexico also accepted bids for 4.5 billion pesos of 8½% Bonos 10A bonds with a maturity of December 2018. The bonds priced at 104.45 to yield 7.81%. Demand totaled 11,302,700,000 pesos in this auction.

Issuer:Banco de Mexico
Total amount:6.75 billion pesos
Issue:Banco de Mexico bonds
Auction date:Dec. 1
Bonds due in 1,806 days
Issue:Bondes D
Amount:2.25 billion pesos
Term:1,806 days
Price:98.83483
Yield:0.26%
Bonds due 2018
Issue:Bonos 10A
Amount:4.5 billion pesos
Maturity:December 2018
Coupon:8½%
Price:104.45
Yield:7.81%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.