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Ajustabonos

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Ajustabonos
An inflation-indexed bond issued by the Bank of Mexico. Ajustabonos have maturities of three to five years. They pay interest each quarter based on the inflation adjusted value of their 100-peso face value. That is, interest on ajustabonos is based on the worth of 100 pesos at the time the bond was issued. Ajustabonos guarantee a real return.


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Infinity's Fin++(R) Class Library and the Infinity Data Model have been extended to handle Latin American securities such as Cetes, Tesobonos and Ajustabonos in Mexico, and BBCs, NTNs and BM&F derivatives in Brazil.
Risk weighted assets (million of New Ps) 96,523 95,269 Other developments During March 1993 the bank completed a sale for the equivalent of US $530 million of its Ajustabonos position having maturities of up to 15 months to a special purpose vehicle, which in turn issued senior and junior debt denominated in dollars in the international markets.
 
 
 
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