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Prospect News home > News index > List of issuers N > Headlines for Nacional Financiera SNC (Nafin) > News item
Published on 12/15/2005 in the Prospect News Emerging Markets Daily.

New Issue: Nacional Financiera sells Ps. 1 billion seven-year certificados bursatiles

By Reshmi Basu

New York, Dec. 15 - Nacional Financiera, SNC sold Ps. 1 billion of seven-year certificados bursatiles on Wednesday at 28-day TIIE plus 173 basis points.

This is the third issuance in Nacional Financiera's current certificados program.

The issuer, based in Mexico City, is a specialized mortgage lending institution.

Issuer:Nacional Financiera, SNC
Amount:Ps. 1 billion
Issue:Certificados bursatiles
Maturity:Dec. 6, 2012
Interest rate:28-day TIIE plus 173 basis points
Auction date:Dec. 14
Settlement date:Dec. 16

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