1/ Commercial Bank's Average Cost of Term Deposits (CCP), includes the interest of
term deposits denominated in domestic currency. It excludes convertible
subordinated debt, guarantees and interbank operations. The publication
of this rate started on February 1996. For further information see the
Official Gazette of February 13th, 1996.
2/ Commercial Bank's Average Cost of Term Deposits in investment units (CCP-UDIS)
includes the same type of instruments that are covered in the calculation
of the CCP but denominated in investment units (UDIS). The publication
of this rate started in November 1995.
3/ Commercial Bank's Average Cost of Term Deposits in Dollars (CCP-Dollars)
includes term liabilities and foreign bank loans denominated in U.S.
dollars. It excludes convertible subordinated debt, guarantees,
interbank operations, and loans granted by Export-Import Banks,
Commodity Credit Corporation and other similar institutions. The
publication of this rate started in May 1996. For further information
see the Official Gazette May 6th, 1996.
4/ Commercial Bank's Average Cost of Funds (CPP) is the weighted average of the costs
paid by commercial banks for term deposits, current account deposits, certificates of deposit,
banker's acceptances and commercial paper with bank guarantee. This rate is calculated
by Banco de México since August 1975 and is published between the 21st and 25th
of every month in the Official Gazette. The publication of this rate will continue for
an undetermined period, as stipulated in the Official Gazette of November 3rd, 2005.
5/ Observed interest rate, expressed in annual percent. Development
bank's Average Cost of Funds in domestic currency , includes bank term
deposits, certificates of deposit, banker acceptances and credit from
Banco de México (thought auctions). This rate is determined with the
information provided by development bank institutions to Banco de México.