Results: Corporate bond repo transactions
On Friday, Banxico offered credit institutions the facility to enter into corporate securities repo operations with a maturity of up to 92 days for a maximum amount of MXN 90.02 billion (US$ 4.0 billion).
No bids were received from market participants.
Broadly speaking, these operations have experienced a weak demand despite the adjustments announced by Banxico last July 15th, 2020, in order to preserve the best liquidity conditions of the financial system. For details of the transaction’s conditions, please refer to: “Banxico announces corporate bond repo transactions” and “A follow-up on Banxico’s credit and liquidity measures”, previously published.