Analysts expect Banxico to cut rates by 25 basis points in light of overall inflation that has eased slightly.
Despite lower inflation, the central bank has failed to meet its 3% target for the past 42 months.
What is the yield of Cetes?
The 28-day Cetes offered yields of 10.40% while the three-month yields fell to 10.56%.
At six months, the yields were 10.54% and at one year, the yields were 10.38%.
