By Reshmi Basu
New York, Jan. 24 - Mexico's Ministry of Finance announced the results of this week's government securities auction.
The 28-day Cetes bills were priced to yield 7.73%. Bids ranged from 7.68% to 7.75%. Of the Ps. 13.401 billion bids tendered, Ps. 4.5 billion bids were accepted. Last week's yield on the 28-day bills was 7.89%.
The 91-day Cetes bills were priced to yield 7.62%. Bids ranged from 7.58% to 7.68%. Of the Ps. 20.308 billion bids tendered, Ps. 6 billion bids were accepted. Last week's yield on the 91-day bills was 7.79%.
The 175-day Cetes bills were priced to yield 7.46%. Bids ranged from 7.46% to 7.47%. Of the Ps. 18.009 billion bids tendered, Ps. 5.4 billion bids were accepted. The previous yield on the 175-day bills was 7.69%.
Meanwhile the 8% bonos 3A due 2008 priced at 101.42415 to yield 7.45%. Minimum and maximum bids were 101.42415. Of Ps. 9.360 billion bids tendered, Ps. 3.1 billion were accepted. The previous issue priced at 102.20508 to yield 7.80%.
And the 9% bonos 7A due 2012 priced at 106.10 to yield 7.85%. Minimum and maximum bids were 106.10. Of Ps. 10.485 billion bids tendered, Ps. 3 billion were accepted. The previous issue priced at 104.29521 to yield 8.09%.
| Type of bond | Demand | Amount sold | Yield
|
| 28-day Cetes | Ps. 13.401 billion | Ps. 4.5 billion | 7.73%
|
| 91-day Cetes | Ps. 20.308 billion | Ps. 6 billion | 7.62%
|
| 175-day Cetes | Ps. 18.009 billion | Ps. 5.4 billion | 7.46%
|
|
|
| Type of bond | Demand | Amount sold | Issue price/yield
|
| 8% bonos 3A due 2008 | Ps. 9.360 billion | Ps. 3.1 billion | 101.42415/7.45%
|
| 9% bonos 7A due 2012 | Ps. 10.485 billion | Ps. 3 billion | 106.10/7.85%
|
|
|
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