The analysts They predict that the July general inflation is 5.56% and that, in a split decision, Banxico does not lower the reference rate.
“The statement is likely to reflect a higher level of inflation at the end of the year and a more hawkish tone,” Intercam said in a report.
What are the yields on Cetes this week?
The 28-day Cetes lowered their yields to 10.86%, a level below the current reference rate of 11%.
At three months, Cetes offer yields of 11.02% and at six months the yields are 11.11%.
For the one-year term, yields fell to 11.08%.
