Mexico overnight target rate

Source: BIS central bank policy rates (WS_CBPOL), Mexico daily. Licence: BIS statistics: unrestricted reuse with attribution; inclusion must not add a charge to users. This page is not an official BIS publication (terms). Files: data/raw/bis-mx-policy.json.

Reading this series

Banco de México's overnight target is the policy rate the central bank uses to guide short-term peso interest rates. This page uses the BIS central bank policy rate series for Mexico (WS_CBPOL), compiled with Banxico, stored as dated level changes and drawn as a daily step series from 1998. Since 2008 the series is the money-market overnight target; from 1998 to 2008 it is the bank funding rate, the instrument used before the current framework. The target changes only at Banxico's monetary-policy decisions.

Read the headline with its as-of date, then the "versus the previous reading" line. Where the target has been unchanged, the page shows the date of the last actual move instead of zero changes. Mean, median, low and high are arithmetic summaries of the observations in this build and are not official figures. Chart and Table present the same series two ways, the range buttons filter what is drawn, and Explore adds zoom and pan on request. The overnight target is not a mortgage or deposit rate, and this page is not an official BIS publication.

About this desk

The euro-area desk is the natural home for the two shared ECB series: the deposit facility rate, which is the euro-area policy rate set by the Governing Council, and €STR, the unsecured overnight market benchmark the ECB publishes but does not set. The Germany, France, Italy and Ireland desks point at the same two series; this desk presents them without a single country's framing.

The figures come from the ECB Data Portal and are republished with attribution under the ESCB statistics reuse policy. All desks show the same build-wide series in a different order, so the numbers here match the country desks exactly. The build does not include national retail or mortgage rates for euro-area members, because none is ingested. Euro-area policy is one setting for all members; the site does not invent a national rate. This is not financial advice.