By Reshmi Basu
New York, April 18 - Mexico's Ministry of Finance announced the results of this week's government securities auction.
The 28-day Cetes bills were priced to yield 7.21%. Bids ranged from 7.18% to 7.24%. Of the Ps. 12.913 billion bids tendered, Ps. 4.5 billion bids were accepted. Last week's yield on the 28-day bills was 7.22%.
The 91-day Cetes bills were priced to yield 7.32%. Bids ranged from 7.30% to 7.34%. Of the Ps. 20.766 billion bids tendered, Ps. 6 billion bids were accepted. Last week's yield on the 91-day bills was 7.36%.
The 175-day Cetes bills were priced at 7.54%. Bids ranged from 7.51% to 7.55%. Of the Ps. 18.595 billion bids tendered, Ps. 5.4 billion bids were accepted. The previous yield on the 175-day bills was 7.58%.
Meanwhile the 8% bonos 3A due 2008 were priced at 99.43029 to yield 8.23%. Of the Ps. 5.118 billion bids tendered. Ps. 3.1 billion bids were accepted. The minimum and maximum bids were 99.43029. The previous issue priced at 101.87231 to yield 7.64%.
And the 9% bonos 7A due 2012 were priced at 101.74149 to yield 8.65%. Of the Ps. 7.89 billion bids tendered. Ps. 3 billion bids were accepted. The minimum and maximum bids were 101.74149. The previous issue priced at 101.10393 to yield 8.20%.
| Type of bond | Demand | Amount sold | Yield
|
| 28-day Cetes | Ps. 12.913 billion | Ps. 4.5 billion | 7.21%
|
| 91-day Cetes | Ps. 20.766 billion | Ps. 6 billion | 7.32%
|
| 175-day Cetes | Ps. 18.595 billion | Ps. 5.4 billion | 7.54%
|
|
|
| Type of bond | Demand | Amount sold | Issue price/yield
|
| 8% bonos 3A due 2008 | Ps. 5.118 billion | Ps. 3.1 billion | 99.43029/8.23%
|
| 9% bonos 7A due 2012 | Ps. 7.89 billion | Ps. 3 billion | 101.74149/8.65%
|
|
|
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