By Reshmi Basu
New York, March 20 - Mexico's Ministry of Finance announced the results of this week's government securities auction.
The 28-day Cetes bills were priced to yield 7.31%. Bids ranged from 7.25% to 7.33%. Of the Ps. 16.086 billion bids tendered, Ps. 4.5 billion bids were accepted. The previous yield on the 28-day bills was 7.37%.
The 91-day Cetes bills were priced to yield 7.35%. Bids ranged from 7.30% to 7.37%. Of the Ps. 19.949 billion bids tendered, Ps. 6 billion bids were accepted. Last week's yield on the 91-day bills was 7.41%.
The 182-day Cetes bills were priced to yield 7.50%. Bids ranged from 7.38% to 7.47%. Of the Ps. 14.555 billion bids tendered, Ps. 5.4 billion bids were accepted. The previous yield on the 175-day bills was 7.50%.
Meanwhile the 8% bonos 3A due 2008 were priced at 100.87231 to yield 7.64%. Of the Ps. 8.110 billion bids tendered, Ps. 3.1 billion bids were accepted. The minimum and maximum bid was 100.87231. The previous issue priced at 100.9482 to yield 7.62%.
The 9% bonos 7A due 2012 priced at 104.10393 to yield 8.20%. The minimum and maximum bid was 104.10393. Of Ps. 5.72 billion bids tendered, Ps. 3 billion was accepted. The previous issue priced at 105.77 to yield 7.90%.
| Type of bond | Demand | Amount sold | Yield
|
| 28-day Cetes | Ps. 16.086 billion | Ps. 4.5 billion | 7.31%
|
| 91-day Cetes | Ps. 19.949 billion | Ps. 6 billion | 7.35%
|
| 182-day Cetes | Ps. 14.555 billion | Ps. 5.4 billion | 7.50%
|
|
|
| Type of bond | Demand | Amount sold | Issue price/yield
|
| 8% bonos 3A due 2008 | Ps. 8.110 billion | Ps. 3.1 billion | 100.87231/7.64%
|
| 9% bonos 7A due 2012 | Ps. 5.72 billion | Ps. 3 billion | 104.10393/8.20%
|
|
|
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