What is the Cetes rate?
Cetes auctions are held every Tuesday and have a fixed interest rate. This week the 28-day Cetes recorded a rate of 10.10%a level higher than inflation.
The 91-day Cetes have a yield of 10.7%while the performance of these instruments at 182 days It is 10.9%.
The 350-day Cetesgive a yield of eleven%.
Analysts refer that this is a way in which the Bank of Mexico controls inflation: making people invest instead of spending money, taking advantage of high interest rates.
They even estimate that this streak of high returns will last at least 18 more months.
It is safe?
Cetes are considered a safe investment, since you are lending money to the government.
You can invest from 100 pesos and it is possible to know the return that the investment will have because the interest rate is fixed, depending on the term you choose.
How to invest in Cetes?
You can do it on the Cetesdirecto page or app.
You need your CURP, your RFC, your address, a debit account and register your beneficiaries, so that they receive the money you invested in the event of your death.
Once you created your account, you choose an amount you want to invest, you can also schedule deposits on the 1st and 15th of each month.
One of the advantages of these investments is that they do not charge you any commission.