The Retirement Fund Administrators (Afores) They had surplus value for 74,286 million pesos during the month of July, a 10% drop compared to those achieved the previous month.
With the results of July, the AFORES They achieved three consecutive months of surplus value, in addition to six of the seven months of 2025 have had positive yields, in accordance with the information released by the National Commission of the Retirement Savings System (Consar).
In addition, at the end of July, Afores accumulate surplus value so far from 2025 for 608,466 million pesos, a record for the first seven months of one year.
The positive yields of July occurred in the midst of the profits that the United States stock exchanges pointed out, in addition to the expectation that the Bank of Mexico (Banxico) would continue to cut the interest rates.
The American stock market index S&P 500 He won 2.2% in the seventh, this in the middle of the quarterly reports of financial results of the main Wall Street companies.
While in Mexico, the debt market continued to discount that the Bank of Mexico (Banxico) was going to cut the reference rate at its August meeting, a fact that ended up being confirmed last week.
The cuts to the interest rate revalue the prices of the debt bonds, which is reflected in the afforest investment portfolios.
The AFORES They have the mandate to invest the savings for the withdrawal of Mexican workers in financial instruments such as actions in the stock exchanges or debt bonds, in order to generate the greatest possible yields and increase the assets of the holders.
Those investments of the Afores are presenting yields (positive or negative) month by month, which are reflected in the surplus value or disabilities reported by the administrators.
At the end of July, Afores administered a total of 68.8 million individual withdrawal savings accounts, with resources for 7.65 billion pesos.
