New Issue: Banco de Mexico auctions Ps. 7.5 billion, UDI 650 million of bonds

By Angela McDaniels

Tacoma, Wash., July 12 – Banco de Mexico sold Ps. 7.5 billion and UDI 650 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 7.5 billion of 6½% five-year Bonos. The bonds priced at 103.90056 to yield 5.59%. The demand for these bonds totaled Ps. 14.92 billion.

The bank also accepted bids for UDI 650 million of 4½% 10-year UDI Bonos. The bonds priced at 116.22 to yield 2.57%. The demand for these bonds totaled UDI 1.39 billion.

Issuer:	Banco de Mexico
Issue:	Banco de Mexico bonds
Total amount:	Ps. 7.5 billion, UDI 650 million
Auction date:	July 12
Bonos
Issue:	Bonos
Amount:	Ps. 7.5 billion
Term:	Five years
Coupon:	6½%
Price:	103.90056
Yield:	5.59%
UDI Bonos
Issue:	UDI Bonos
Amount:	UDI 650 million
Term:	10 years
Coupon:	4½%
Price:	116.22
Yield:	2.57%

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