By Reshmi Basu
New York, Sept. 19 - Mexico's Ministry of Finance announced the results of this week's government securities auction.
The 28-day Cetes bills were priced to yield 7.05%. Bids ranged from 7.02% to 7.06%. Of the Ps. 18.09 billion bids tendered, Ps. 4.5 billion bids were accepted. Last week's yield on the 28-day bills was 7.08%.
The 91-day Cetes bills were priced to yield 7.16%. Bids ranged from 7.15% to 7.17%. Of the Ps. 23.733 billion bids tendered, Ps. 6 billion bids were accepted. Last week's yield on the 91-day bills was 7.18%.
The 175-day Cetes bills were priced at 7.32%. Bids ranged from 7.29% to 7.33%. Of the Ps. 23.174 billion bids tendered, Ps. 5.4 billion bids were accepted. The previous yield on the 175-day bills was 7.34%.
Meanwhile the 8½% bonos 5A due 2011 were priced at 102.7882 to yield 7.79%. Of the Ps. 10.438 billion bids tendered, Ps. 3 billion bids were accepted. Minimum and maximum bids were 102.7882. The previous issue priced at 102.50 to yield 7.87%.
And the 5% UDI bonos 10A due 2016 were priced at 108.09 to yield 4%. Of the Ps. 2.273 billion bids tendered, Ps. 600 million bids were accepted. Minimum and maximum bids were 108.09. The previous issue priced at 107.777 to yield 4.04%.
| Type of bond | Demand | Amount sold | Yield
|
| 28-day Cetes | Ps. 18.09 billion | Ps. 4.5 billion | 7.05%
|
| 91-day Cetes | Ps. 23.733 billion | Ps. 6 billion | 7.16%
|
| 175-day Cetes | Ps. 23.174 billion | Ps. 5.4 billion | 7.32%
|
|
|
| Type of bond | Demand | Amount sold | Issue price/yield
|
| 8½% bonos 5A due 2011 | Ps. 10.438 billion | Ps. 3 billion | 102.7882/7.79%
|
| 5% UDI bonos 10A due 2016 | Ps. 2.273 billion | Ps. 600 million | 108.09/4%
|
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