Some 841 products with combined sales volume of MXN43.6 billion (USD2.2 billion) struck in Mexico in May compared to 689 offerings in April, a 22% month-on-month increase in terms of new strategies.
The MXN/USD pair continued to drive investors’ interest, while the Mexican TIIE (The Interbank Equilibrium Interest Rate) 28 and TIIE IRS also gained popularity. Products related to these indices in May totalled 21, or 14 more as compared with the previous month. Eight hundred and eighteen instruments matured during the month pouring MXN43.9 billion back into the derivatives market. Excludes: Private Banking, Leverage, Flow & Others © Copyright StructuredRetailProducts.com 2
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