|Adjustments||Not Seasonally Adjusted|
|Data||16 Oct 2020||4.25|
|15 Oct 2020||4.25|
|Stock Market Index||19 Oct 2020||37,685||Index, NSA||Daily|
|Lending Rate||16 Oct 2020||4.25||4.25||Percent, NSA||Business Daily|
|Treasury Bills (over 31 days)||15 Oct 2020||4.27||4.28||%, NSA||Thursday Weekly|
|Average Long-term Government Bond||08 Oct 2020||7.02||%, NSA||Thursday Weekly|
|Money Market Rate||Jul 2020||5.23||5.65||% p.a., NSA||Monthly|
|Monetary Policy Rate||Jun 2017||7||6.75||% - End of period||Monthly|
For Mexico, key interest rates: bank funding rate, government funding rate, interbank equilibrium rate (TIIE) for overnight and one-month tenors.
Interest rate is determined every banking day by Reuters with quotes on offered inter-bank deposits given by domestic commercial banks and are calculated based on a weighted average.
The interbank interest rate equilibrium (TIIE) at 28 days is determined by the Bank of Mexico based on contributions made by credit institutions, taking as the starting date of its publication in the Official Journal of the Federation. The procedure for calculating the rate set out in Circular 2019/95 issued by the Bank of Mexico and in the Official Journal of the Federation on March 23, 1995. This series draws on start date of publication in the Official Gazette
Monetary policy is the set of actions taken by Banco de México to influence interest rates and inflation expectations in order to make price behavior consistent with the objective of ensuring an environment of low and stable inflation. In order to accomplish this objective the central bank has defined an operating target to guide its implementation of monetary policy. 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 banking funding rate, or representative interest rate, on one day repo and one day outright operations with certificates of deposit, bank notes and banker's acceptances, traded by banks and stockbrokerage firms in the wholesale market settled through the delivery versus payment system in INDEVAL (securities clearing house).