Reuters: Market News: Mexico holds steady most debt offers for 2nd quarter

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Mexico holds steady most debt offers for 2nd quarter Mar 29th 2012, 01:07 MEXICO CITY, March 28 | Wed Mar 28, 2012 9:07pm EDT MEXICO CITY, March 28 (Reuters) - Mexico's Finance Ministry said on Wednesday the amount of treasury bills, or Cetes, that it sells will remain unchanged in the second quarter, although the amount of 10-year bonds will be lower. Mexico will sell 7.5 billion pesos of 10-year bonds every six weeks, taking the total issue in the quarter to 15 billion, lower than the 25 billion it sold at a single auction in the first quarter. The ministry will continue to sell an average of 7 billion pesos of 28-day Cetes, 8 billion pesos of 91-day and 8.5 billion pesos of 182-day Cetes every week in the April-June quarter. It will also sell 9.5 billion pesos of one-year Cetes every four weeks, the same as in the first quarter. Amounts for the three-year and five-year bonds, sold every four weeks, will also remain steady at 7.5 billion pesos and 6.5 billion pesos, respectively. The 20-year bond remains steady at 4.5 billion pesos every six seeks while the 30-year bond amount is yet to be announced, the ministry said. Link this Share this Digg this Email Reprints

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