Fixed income: lending your money

CETES, bonds, notes and SOFIPOs: how they work, how protected your money is and why Banxico's rates move everything.

1. 1CETES: the starting point of fixed income in MexicoCETES are short-term loans you make to the Mexican government. They're the benchmark for fixed income in the country: what they are, how they're calculated and what they're for.8 min
2. 2Bonds: rate, term and why their price goes up and downA bond is a loan with a payment date and interest. If market rates change, so does its price. Understanding that relationship avoids surprises.9 min
3. 3Notes, SOFIPOs and interest-paying accounts: protection and risksBesides CETES and bonds, there are accounts and notes that pay interest. The key is knowing who stands behind your money if the institution fails.8 min
4. 4Interest rates and Banxico: why they move everythingThe interest rate Banxico sets changes what your savings earn, what loans cost and what bonds and stocks are worth. Here's how it works.8 min