General inflation rose to 3.72% annually in the first half of December, and although it is within the official goal, the expectation is reinforced that Banxico will continue to relax its monetary policy in the following months, although more slowly.
How much are Cetes worth?
The Cetes are classified according to the investment term: they are available at 28, 91,182, 364 days and 2 years. The choice depends on each person’s investment horizon and each term offers a different return.
The face value of a Cete is 10 pesos, but they are sold at a discount rate, that is, the investor pays less than those 10 pesos and, at maturity, receives the full value. The difference between the two represents performance.
General inflation rose to 3.72% annually in the first half of December, and although it is within the official goal, the expectation that Banxico will continue to relax its monetary policy in the following months is reinforced.
What is the current performance of the Cetes?
The 28-day Cetes remained unchanged compared to the last auction in 2025, to stand at 7.07%.
The 91-day instruments fell 0.09 units, closing at 7.15%.
The 182-day bonds were at 7.26%, while the one-year Cetes were at 7.44%. The latter doubles the current general inflation.
Is it worth investing in Cetes?
The Cetes are attractive because, although they have had reductions, they represent an alternative to invest if inflation is taken as a reference, which is currently 3.72% at an annual rate, according to Inegi.
The current terms of the Cetes give a return that exceeds the price index, which makes them a valuable option to protect money from the loss of purchasing power.
How to estimate my real performance?
In general terms, one way to estimate what profit you would obtain by investing in Cetes is to subtract the current inflation rate from the yield offered by these bonds, for example.
The 28-day Cete offers a current yield of 7.07%, while annual inflation is 3.72%.
By removing inflation from Cete’s profit, it gives a real return of 3.35 percentage points, which is what you would get because you are eliminating the price increase.
