economy and politics

Cetes offer more returns to investors

Cetes offer more returns to investors

“We continue to expect the demand for Cetes to remain robust, as we anticipate that Banxico’s reference rate will remain unchanged at 11.25% in the second half of the year and that the downward trend in inflation will persist,” said Banorte Estrategia in a report.

How much do the Cetes offer?

According to Banxico, the 28-day Cete was the only one that had a marginal negative movement of 0.01 points this Tuesday, to reach a yield of 11.29%.

The yield rate of the three-month Cete rose to 11.40%, while the 182-day Cete advanced to 11.38%.

The 350-day Cete increased 0.28 points compared to the previous auction, to reach 11.40%, the central bank specifies.

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.

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