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