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Published on 12/16/2014 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 10 billion, UDI 900 million of bonds

By Toni Weeks

San Luis Obispo, Calif., Dec. 16 – Banco de Mexico sold Ps. 10 billion and UDI 900 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 10 billion of 4¾% Bonos due 2018. The bonds priced at 99.45404 to yield 4.92%. The demand for these bonds totaled Ps. 19.31 billion.

The bank also accepted bids for UDI 900 million of 3½% three-year UDI Bonos. The bonds priced at 106.065 to yield 1.45%. The demand for these bonds totaled UDI 1.4 billion.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 10 billion, UDI 900 million
Auction date:Dec. 9
Bonos
Issue:Bonos
Amount:Ps. 10 billion
Term:June 2018
Coupon:4¾%
Price:99.45404
Yield:4.92%
UDI Bonos
Issue:UDI Bonos
Amount:UDI 900 million
Term:December 2017
Coupon:3½%
Price:106.065
Yield:1.45%

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