Cetes rate to 28 days without change at weekly auction
3 Articles
3 Articles
At the auction on Tuesday, April 8, the Bank of Mexico (Banxico) reported mixed movements in the yields of the Federation Treasury Certificates (Cetes), an investment instrument issued by the government, that pay the lowest returns in almost three years due to the relaxation of monetary policy in the country.. For example, the rate of the Cetes at 28 days was 8.80 per cent, without variation compared to the previous week, but at its lowest level…
Government bond investors in Mexico accepted mostly lower interest rates at the weekly auction conducted by Banco de México, amid the volatility that has been presented in the financial markets over the last few days due to the announcement of reciprocal tariffs by the US government to various countries.Under this context, the rate of the Treasury Certificate (Cete) to 28 days, a very sensitive instrument to monetary policy decisions, remained a…
The 28-day Cetes positioned themselves this week as the time frame with the most attractive return for investors. After Banco de México (Banxico) made a cut in the interest rate of 50 points and argued that inflation leads to a downward trajectory and with an economy leading to zero growth, the Cetes lost dynamism. The Cetes remain one of the safest investment instruments, as inflation is below 4% and the markets are in a period of volatility. T…
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