By Richard Connell
New York, Aug. 24 - The Banco de Mexico announced the results of its weekly auction of bonds. Tuesday's sale came in three parts, two totaling 5 billion pesos and one for 550 million UDIs.
Mexico accepted bids for 1 billion pesos of Bondes D bonds with a term of 1,778 days. The bonds priced at 99.41536 to yield 0.13%. Demand totaled 4.8 billion pesos in this auction.
The bank also accepted bids for 4 billion pesos of 8½% Bonos 20A with a maturity of May 2029. The bonds priced at 119.31 to yield 6.69%
In a third tranche, Mexico accepted bids for 550 million UDIs of 4% bonds with a maturity of November 2040. The bonds priced at 120.17872 to yield 2.99%. A total of 2,448,375,000 UDIs of demand was received in this auction.
| Issuer: | Banco de Mexico
|
| Total amount: | 5 billion pesos, 550 million UDIs
|
| Issue: | Banco de Mexico bonds
|
| Auction date: | Aug. 24
|
|
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| Bonds due in 1,778 days
|
| Issue: | Bondes D
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| Amount: | 1 billion pesos
|
| Term: | 1,778 days
|
| Price: | 99.41536
|
| Yield: | 0.13%
|
|
|
| Bonds due 2029
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| Issue: | Bonos 20A
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| Amount: | 4 billion pesos
|
| Maturity: | May 2029
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| Coupon: | 8½%
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| Price: | 119.31
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| Yield: | 6.69%
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| Bonds due 2040
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| Issue: | UDI Bonos 30A
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| Amount: | 550 million UDIs
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| Maturity: | November 2040
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| Coupon: | 4%
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| Price: | 120.17872
|
| Yield: | 2.99%
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