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Nu : Mexico announces a new annual yield for its savings product, Cuenta Nu -March 27, 2024 at 03:56 pm EDT

Mexico City, March 26, 2024 - Nu Mexico announced a change in the differential annual rate of return for Cajitas in Cuenta Nu, which will be of 14.75% per year as of April 16, 2024. This rate.

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Bloomberg, Banco De México, and financial leaders discuss upcoming regulations

Mexican banks, brokerage firms, investments funds, and some corporations need to work quickly to address upcoming regulations, said financial experts who gathered together at a recent Bloomberg Mexico Regulatory Outlook 2024 event. More than 150 financial professionals attended the event to discuss new standards from the Central Bank of Mexico that requires firms to change their benchmark lending rates by January 1, 2025. The affected firms must transition away from the 28-day Interbank E.

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A change of TIIE: the knotty issue of Mexico's benchmark switch

Outlier fallback methods and narrow window to build F-TIIE derivatives liquidity make for ambitious transition plan

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CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps
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