2011-02-04 | Circular 4/2011

Added

Circular 4/2011 — Modifies Circular 2019/95

The Bank of Mexico amends Circular 2019/95 to add the TIIE, CETES, BONDES, CCP, Tasa Ponderada de Fondeo Bancario, and Tasa Ponderada de Fondeo Gubernamental as permitted reference rates for national currency passive operations, while removing obsolete rates. The amendment to section M.11.7 allows UDIS-denominated operations to reference UDIBONOS yields, requiring the term to be specified. These changes take effect on February 14, 2011, for multiple banking institutions.

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