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Published on 12/6/2016 in the Prospect News Emerging Markets Daily.

New Issue: Banco de Mexico auctions Ps. 9.5 billion, UDI 250 million of bonds

By Angela McDaniels

Tacoma, Wash., Dec. 6 – Banco de Mexico sold Ps. 9.5 billion and UDI 250 million of bonds in an auction on Tuesday.

The bank accepted bids for Ps. 4 billion of Bondes D with a term of 1,806 days. The bonds priced at 98.93767 for a spread of 24 basis points. The demand for these bonds totaled Ps. 11.75 billion.

The bank accepted bids for Ps. 5.5 billion of 5¾% 10-year Bonos. The bonds priced at 89.913 to yield 7¼%. The demand for these bonds totaled Ps. 14.03 billion.

The bank also accepted bids for UDI 250 million of 4% 30-year UDI Bonos. The bonds priced at 103.76719 to yield 3.79%. The demand for these bonds totaled UDI 802.92 million.

Issuer:Banco de Mexico
Issue:Banco de Mexico bonds
Total amount:Ps. 9.5 billion, UDI 250 million
Auction date:Dec. 6
Bondes D
Issue:Bondes D
Amount:Ps. 4 billion
Term:1,806 days
Price:98.93767
Spread:24 bps
Bonos
Issue:Bonos
Amount:Ps. 5.5 billion
Term:10 years
Coupon:5¾%
Price:89.913
Yield:7¼%
UDI Bonos
Issue:UDI Bonos
Amount:UDI 250 million
Term:30 years
Coupon:4%
Price:103.76719
Yield:3.79%

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