Mexico’s central bank plans to sell as much as 60.5 billion pesos ($4.7 billion) of Treasury bills next week as part of its effort to manage the amount of cash in the financial system.
The auction of the government bills, known as Cetes, is scheduled for May 2, the central bank said today on its website. The bills will have a maturity of 336 days, it said.
The bank has been auctioning Cetes once per quarter to help control the money supply since December 2010.
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