The rest of the terms remained stable and before the Inegi releases the inflation data for September.
The Citibanamex Expectations Survey estimates that general inflation for September will be 4.62%, a figure below the 4.99% in August.
If inflation continues its downward trend, the Bank of Mexico is expected to make a new cut next November and one more in December.
With these movements, the reference interest rate would close the year at 10%.
What is the performance of the Cetes today?
The 28-day Cetes remained at 10.3%, the same as last week.
At 91 days, the Cetes increased marginally 10.47%, while within 175 days, the performance is 10.43%.
In two years it was the highest increase for the Cetes, going from 9.92% to 10.24%.
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