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CETES

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AcronymDefinition
CETESCenter for Emerging Technology and Entrepreneurial Studies (Cameron University, Lawton, OK)


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As indicated earlier, the Mexican government has intervened heavily in financial markets through its placement of CETES (government bonds) and its extensive control over the legal reserve requirements of the private banking system.
250 billion note bearing an interest rate of 89 basis points over the 91-day Treasury notes, known as CETES.
One of these issues of peso bonds was for 900 million pesos at a variable interest rate of 140 basis points over 182-day CETES (Mexican Treasury Certificates) and maturing in six years, while the other issue for 300 million pesos bears a fixed interest rate of 10.
 
 
 
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