Conversion plan and operational resources
In December 2022, the Bank of Mexico announced that the 28D TIIE rate will be modified from January 1, 2025, onwards. The TIIE de Fondeo, or Funding TIIE (F-TIIE), has been selected as the new benchmark rate for Mexico. This presentation details how CME Group plans to transition liquidity to this new index for cleared swaps. Please direct any questions or comments to our team at ClearedSwapConversion@cmegroup.com.
All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
