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A New Era for Mexican Rates: Inside Three-Month F-TIIE Contracts

Barchart·04/24/2025 04:06:27
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The Overnight TIIE Funding Rate (F-TIIE) has rapidly become the cornerstone of the Mexican interest rate markets, replacing the 28-day TIIE as the benchmark rate for floating-rate instruments and derivatives. We have been at the forefront with our initial listing of the Mexican Funding TIIE (Monthly Contracts) futures contract (aka, One-Month F-TIIE futures). Now, we are adding quarterly contracts to provide additional risk management across a longer-term structure of the Mexican interest rate market.
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