How many types of cetes exist and how much are they worth?
CETS are classified according to the investment period. The Bank of Mexico (Banxico) offers deadlines of 28, 91, 182, 364 and 707 days. The choice depends on the investment horizon of each person.
The nominal value of a CETE is 10 pesos, but they are sold with a discount rate, that is, the investor pays less of those 10 pesos and, at the expiration, receives the full value. The difference between the two represents the performance.
Which CETS have the best performance today?
Banxico carried out the auction of government values on Tuesday, in which the yields of the CETES showed general casualties. However, these bonds are an option for Mexicans if it is taken into account that current inflation is 3.55% at an annual rate.
The CETES at 28 days had a decrease of 0.17 percentage points, to be 7.48%.
The instruments 91 days achieved a marginal decrease of 0.03 points, to reach 7.92%.
The 175 -day bonds dropped to 7.99%, while the CETES at two years were placed at 8.52%. Despite the descent, this last term is the most attractive because it is higher than twice to the price index.
Where can I invest in Cetes?
Cetes Direct is a platform that has a web and mobile version in which Mexicans can invest in different government instruments such as CETES.
CETES Direct is operated by Nafin, a federal government development bank and the Ministry of Finance, so your resources will be safe despite the falls of the system.
This platform allows you to invest from 300 pesos in government instruments and without charging commission. With direct cetes you avoid going to banks, stock market houses or other institutions to invest.
