1/ The overnight TIIE funding rate is calculated by Banco de México using one-day repo operations on government, IPAB, and Banco de México securities traded by banks and brokerage firms in the wholesale market settled through INDEVAL's DVP system.
2/ The Interbank Equilibrium Interest Rate (TIIE) is calculated by Banco de México using commercial bank quotes as stipulated in the Official Gazette of March 2nd 2012. For a complete description of its calculation procedure see the provisions issued by Banco de México in the regulatory document 3/2012
3/ The 28 day average interbank interest rate (TIIP) was first calculated on January 1993, according to the provisions issued by Banco de México (Circular telefax 1996/93) and stopped being published on December 31, 2001, as stipulated in the Official Gazette of May 23rd. 2001rch 23, 1995.