What is the yield offered by Cetes?
Yields on 28-day Cetes rose to 10.97%, from 10.87% the previous week.
For a three-month term, Cetes offer annual returns of 11.13%, while for six months, the rewards to investors are 11.24%.
For the two-year term, Cetes reached an annual rate of 11.29%.
What are Cetes?
Cetes are one of the safest investment instruments on the market because they are government debt and their performance is linked to the interest rate of the Bank of Mexico (Banxico), which is currently 11%.
