By Reshmi Basu
New York, Nov. 28 - 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 7.03% to 7.56%. Of the Ps. 20.238 billion bids tendered, Ps. 4.5 billion bids were accepted. Last week's yield on the 28-day bills was 7.04%.
The 91-day Cetes bills were priced to yield 7.18%. Bids ranged from 7.16% to 7.68%. Of the Ps. 26.165 billion bids tendered, Ps. 6 billion bids were accepted. Last week's yield on the 91-day bills was 7.16%.
The 175-day Cetes bills were priced at 7.28%. Bids ranged from 7.24% to 7.81%. Of the Ps. 23.913 billion bids tendered, Ps. 5.4 billion bids were accepted. The previous yield on the 175-day bills was 7.24%.
Meanwhile the bondes D due in 1,050 days were priced at 99.5113. Bids ranged from 99.47255 to 99.512. Of the Ps. 2.6 billion bids tendered, Ps. 750 million bids were accepted. The previous price was 99.52709.
The 8% bonos 3A due December 2008 were priced at 101.2726 to yield 7.33%. Bids ranged from 98 to 101.32918. Of the Ps. 14.5 billion bids tendered, Ps. 3.1 billion bids were accepted. The previous price was 101.09088 to yield 7.44%.
Finally, the 9% bonos 7A due June 2013 were priced at 105.26602 to yield 7.97%. Bids ranged from 103 to 106.389. Of the Ps. 13.85 billion bids tendered, Ps. 3 billion bids were accepted. The previous price was 105/26602 to yield 7.97%.
| Type of bond | Demand | Amount sold | Yield
|
| 28-day Cetes | Ps. 20.238 billion | Ps. 4.5 billion | 7.05%
|
| 91-day Cetes | Ps. 26.165 billion | Ps. 6 billion | 7.18%
|
| 175-day Cetes | Ps. 23.913 billion | Ps. 5.4 billion | 7.28%
|
|
|
| Type of bond | Demand | Amount sold | Issue price/yield
|
| Bondes D due in 1,050 days | Ps. 2.6 billion | Ps. 750 million | 99.5113
|
| 8% bonos 3A due December 2008 | Ps. 14.5 billion | Ps. 3.1 billion | 101.2726/7.33%
|
| 9% bonos 7A due June 2013 | Ps. 13.85 billion | Ps. 3 billion | 105.26602/7.97%
|
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