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Position


 
BPAG91 outstanding as of March 26, 2024
 
(Amount in millions of pesos at face value)
 
Maturity date Total stock by placement = IPAB
securities outstanding 1/
Repos with Banxico 2/ Guarantees received by Banxico 3/ Stripped amount 4/ Securities bought by Banxico 5/ Days to maturity Coupons to maturity Coupon term Days passed of current coupon Coupon rate 6/
02/05/2024 28,000.0 4,944.5 237.6 0.0 0.0 37 1 91 54 11.29
29/08/2024 27,400.0 100.0 0.0 0.0 0.0 156 2 91 26 11.27
02/01/2025 24,900.0 0.0 0.0 0.0 0.0 282 4 91 82 11.38
30/04/2025 25,200.0 1,295.2 0.0 0.0 0.0 400 5 91 54 11.29
04/09/2025 23,800.0 1,496.3 0.0 0.0 0.0 527 6 91 19 11.23
31/12/2025 25,200.0 1,250.0 0.0 0.0 0.0 645 8 91 82 11.38
07/05/2026 24,800.0 0.0 0.0 0.0 0.0 772 9 91 47 11.28
03/09/2026 27,004.0 919.4 0.0 0.0 0.0 891 10 91 19 11.23
07/01/2027 25,504.6 0.0 0.0 0.0 0.0 1017 12 91 75 11.37
06/05/2027 28,009.6 0.0 0.0 0.0 0.0 1136 13 91 47 11.28
09/09/2027 27,329.4 2,926.6 0.0 0.0 0.0 1262 14 91 12 11.25
06/01/2028 30,654.7 0.0 0.0 0.0 0.0 1381 16 91 75 11.37
11/05/2028 28,939.0 0.0 0.0 0.0 0.0 1507 17 91 40 11.34
07/09/2028 30,634.7 4,996.9 0.0 0.0 0.0 1626 18 91 12 11.25
11/01/2029 17,019.9 700.0 0.0 0.0 0.0 1752 20 91 68 11.33
Total 394,396.1 18,628.9 237.6 0.0 0.0 - - - - -
 
1/ Represents the amount, at face value, of securities placed through primary auctions, exchange of securities or any other means, less those securities that have been withdrawn from circulation by any early maturity (ie repurchase, exchange of securities, etc.).
2/ Represents the net position of the securities that Banco de México receives through repurchase agreements with the financial intermediaries. A positive sign (negative) indicates that the central bank received (delivered) securities through repurchase agreements to provide (withdraw) liquidity to (from) the system.
3/ Represents the securities delivered by the financial institutions to Banco de México in order to collateralize lending securities operations, loans denominated in U.S. dollars, foreign exchange hedging operations and liquidity or deposit auctions. The securities lending facility to market makers is ruled by the numerals 4.2.3 and 7.2 of the Oficio 305.- 027/2011 issued by the Ministry of Finance (SHCP) on January 27, 2011 and its subsequent modifications which can be found in this link. Loans denominated in U.S. dollars are granted to financial institutions according to the Circular 8/2009 issued by Banco de México on April 15, 2009. Foreign exchange hedging operations are granted by financial institutions according to the Circular 3/2017 issued by Banco de México on February 24, 2017. Special collaterals for liquidity or deposit auctions are established by the Circular 9/2019 issued by Banco de México on June 13, 2019.
4/ Represents the face value of the principal of those securities that have been stripped (the corresponding coupons are not included in this amount).
5/ On October 30, 2008, Banco de México announced in the Circular 52/2008 (revoked for the Circular 5/2012) that it would undertake repurchases of IPAB securities in order to promote the healthy development of the financial system. This column indicates the amount outstanding of these repurchases. It should be noted that these securities are included in the Total stock by placement.
6/ The coupon rate is revised at maturity of each coupon and is indexed to the 91 day Cetes rate. The rate is determined as the greatest between the 91 day Cetes rate and the government weighted-average funding rate (Tasa Ponderada de Fondeo Gubernamental or TPFG for its acronym in Spanish). The rate presented corresponds to the current coupon period.