Russia's return to the Balkans means the partition of the region thus the return of the cold-war era, warned CETES.
CETES quoted Milorad Dodik, president of the Bosnia-Serbs, as saying that Russia affirmed to him during his recent visit to Moscow that it was ready to intervene in the Balkans if it was asked.
For example, during most of 1994, the government issued equal amounts of 1-, 3-, and 6-month government bonds (CETES), but by the end of February 1995 during the financial meltdown, 1-month CETES accounted for over 42% of the 1-, 3-, and 6-month bonds issued.
Specifically, the 1-month CETES rate, the term spread, the price level, industrial production, imports, and the peso/dollar exchange rate are tested for unit roots.
At present, by law, AFOREs cannot invest in any assets other than CETES
Ultimately, MexDer will introduce Options and Futures trading on CETES
(Mexican T-bills) and Mexican interest rates.
But US$ returns on CETES
are likely to remain attractive until late September.
is a special purpose limited liability Cayman Island corporation established to purchase certain short-term obligations of the United Mexican States (Tesobonos, CETES
and Adjustabonos), enter into a swap, and issue discount commercial paper notes.
Normal fluctuations in market interest rates do not generally affect earnings to the degree experienced during the second quarter of 1994; the average 28-day CETES
rate increased, however, from an average of 9.