Business Services Industry
Banxico sets Inter-Banking Equilibrium Interest Rate at 6.2000%.
Internet Securities, June, 2003
MEXICO CITY, Jun 16, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- The Bank of Mexico (Banxico) fixed the Inter-Banking Equilibrium Interest Rate (TIIE) at 6.2000%, thus registering a profit of 0.1500% compared to the previous day.Banxico reported that the rate was calculated based on the figures registered in the banks BBVA-Bancomer, Serfin, Internacional, Nacional de Mexico, J.P. Morgan and Mercantil de Norte.In the same lapse, interest rates on national currency for 60, 90 and 180 days remained unchanged at 3.05%; 2.98% and 3.13% respectively.Promissory notes with a collectable yield at 28, 91 and 182-day terms remained at 2.54%, 2.71% and 2.95%, respectively.This article has been translated by Internet Securities, Inc. as a service to...
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