“We expect the demand for Cetes to remain high as a result of the attractive real rates. We reiterate our vision that Banxico will keep the reference rate unchanged at 11.25% for the remainder of the year in an environment of positive surprises in inflation,” Banorte’s analysis area said in a report on Tuesday.
How much do the Cetes offer?
According to data from Banxico, the yield rate of the 28-day Cetes fell from 11.29% to 11.18% in the auction this Tuesday.
The 91-day instruments went from 11.40% to 11.39%.
The 182-day Cetes rose from 11.38% to 11.41%, according to information from the central bank.
The two-year rate of return went from 10.90% to 10.92%.
People can invest in Cetes through the Cetes Directo platform with a minimum amount of 100 pesos, it is only necessary to register and have a bank account to make the transfers.