Mexico's central bank, Banxico, announced on Monday that it will begin purchasing Cetes and Bondes F starting in the third quarter of 2026.
The move introduces a new instrument for managing financial system liquidity, moving beyond traditional open market operations to directly absorb government debt from the market.
The decision marks a notable evolution in Banxico's monetary policy framework.
By committing to buy short-term Cetes and fixed-rate Bondes F, the central bank aims to provide a more predictable and direct channel for liquidity injection.
This approach allows for finer control over the money supply and can help stabilize short-term interest rates during periods of market stress or structural liquidity shortages.
According to media reports, the initiative is part of a broader effort to modernize the central bank's operational toolkit.