1/ Interest rate target for overnight funding operations between banks. 2/ The overnight TIIE funding rate is calculated by Banco de México using repo operations on government, IPAB, and Banco de México securities traded by banks and brokerage firms in the wholesale market and settled through INDEVAL's DVP services.

Interbank Rate in Mexico is expected to be 7.39 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Mexico to stand at 7.39 in 12 months time. The Central Bank of Mexico slashed further its overnight interbank interest rate by 25 bps to 7.75 percent during its September meeting, the second straight cut this year, as inflation has slowed markedly in recent months while economy remains weak. Since January 21, 2008, Banco de México has adopted the overnight interbank rate as its key monetary policy interest rate. The monetary policy committee meets monthly and announces the rate decision at this time. The target of the overnight interbank interest rate (tasa de fondeo bancario) is the main monetary policy instrument used by Mexico’s Central Bank (Banxico) to control liquidity in the market and to ensure the stability of the national currency’s purchasing power. Mexico’s Interest Rate: 91 Day Interbank Interest Rate (91 Day TIIE) data is updated monthly, averaging 7.679 % pa from Jan 1997 to Mar 2019, with 267 observations. The data reached an all-time high of 40.350 % pa in Sep 1998 and a record low of 3.296 % pa in Sep 2014. 1/ Interest rate target for overnight funding operations between banks. 2/ The overnight TIIE funding rate is calculated by Banco de México using repo operations on government, IPAB, and Banco de México securities traded by banks and brokerage firms in the wholesale market and settled through INDEVAL's DVP services.

Index performance for Bank of Mexico Official Overnight Rate (MXONBR) including value, chart, profile & other market data.

Mexico's Short Term Interest Rate: Month End: Interbank Equilibrium Rate was reported at 7.21 % pa in Feb 2020, compared with 7.40 % pa in the previous month. Mexico's Short Term Interest Rate data is updated monthly, available from Jan 1997 to Feb 2020. The data reached an all-time high of 40.35 % pa in Sep 1998 and a record low of 3.29 % pa in Jan 2015. Mexico's cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 7.00 % pa in Feb 2020, compared with 7.25 % pa in the previous Jan 2020. Mexico's Policy Rate averaged 4.50 % pa and is updated monthly, available from Jan 2008 to Feb 2020. The data reached an all-time high of 8.25 % pa in Jul 2019 and a record low of 3.00 % pa in Nov 2015. 1/ Interest rate target for overnight funding operations between banks. 2/ The overnight TIIE funding rate is calculated by Banco de México using repo operations on government, IPAB, and Banco de México securities traded by banks and brokerage firms in the wholesale market and settled through INDEVAL's DVP services. Mexico's central bank cuts rates for first time in five years. (Banxico) voted to lower the overnight interbank rate by 25 basis points to 8.00 percent. One board member voted to maintain the

overnight rates and overnight index swap (OIS) rates or general collateral (GC) interbank transactions, loans and derivatives involves the Bank of Mexico as 

communication from the Central Bank towards Mexico's money markets. became a target rate for the overnight interbank interest rate, from January 21st 2008  The Bank of Mexico's Monetary Policy Committee's decision on where to set the benchmark interest rate.Traders watch interest rate changes closely as short 

required in order to produce an orderly depreciation of the real exchange rate. This made it The target for the overnight interbank interest rate was raised from  

The Central Bank of Mexico slashed further its overnight interbank interest rate by 25 bps to 7.75 percent during its September meeting, the second straight cut this year, as inflation has slowed markedly in recent months while economy remains weak. Since January 21, 2008, Banco de México has adopted the overnight interbank rate as its key monetary policy interest rate. The monetary policy committee meets monthly and announces the rate decision at this time. The target of the overnight interbank interest rate (tasa de fondeo bancario) is the main monetary policy instrument used by Mexico’s Central Bank (Banxico) to control liquidity in the market and to ensure the stability of the national currency’s purchasing power.

The target of the overnight interbank interest rate (tasa de fondeo bancario) is the main monetary policy instrument used by Mexico’s Central Bank (Banxico) to control liquidity in the market and to ensure the stability of the national currency’s purchasing power.

16 Aug 2019 In a majority decision, the Bank of Mexico's (Banxico) five-member board voted to lower the overnight interbank rate by 25 basis points to 

Mexico's cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 7.00 % pa in Feb 2020, compared with 7.25 % pa in the previous Jan 2020. Mexico's Policy Rate averaged 4.50 % pa and is updated monthly, available from Jan 2008 to Feb 2020. The data reached an all-time high of 8.25 % pa in Jul 2019 and a record low of 3.00 % pa in Nov 2015. 1/ Interest rate target for overnight funding operations between banks. 2/ The overnight TIIE funding rate is calculated by Banco de México using repo operations on government, IPAB, and Banco de México securities traded by banks and brokerage firms in the wholesale market and settled through INDEVAL's DVP services. Mexico's central bank cuts rates for first time in five years. (Banxico) voted to lower the overnight interbank rate by 25 basis points to 8.00 percent. One board member voted to maintain the