Regulatory Alerts2026-06-11 | Circular 8/2026Added
Circular 8/2026 — Modifications to Circular 6/2012 (Bank of Mexico Auctions of BREMs and Government Securities)
The Bank of Mexico modifies the rules governing auctions of Monetary Regulation Bonds (BREMs) and government securities, introducing new definitions for instruments such as BONDES, CETES, DALI, INDEVAL, and TIIE de Fondeo. The regulation establishes that only credit institutions, investment funds, and other authorized financial entities may participate in these auctions, with investment funds required to submit bids through their respective asset management companies. It details the procedures for single-price and multiple-price auctions, mandates that all bids be competitive and submitted via the designated electronic system, and sets strict timelines for publishing auction results within 120 minutes after the submission deadline.
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