Investor Presentaiton
7
...and strengthen credit channels
Additional measures announced by Banxico to promote liquidity and strengthen credit channels
MX$ billion, US$ billion, % of GDP
Measure
Total¹
Provide liquidity and reestablish operational conditions in money markets
(1) Reduction of the Monetary Regulation Deposit
(2) Adjustments to the Ordinary Additional Liquidity Facility interest rate
(3) Increasing liquidity during trading hours to facilitate the optimal functioning of financial markets and payment systems
(4) Extending the securities eligible for the Ordinary Additional Liquidity Facility
(5) Extending the counterparts eligible for the Ordinary Additional Liquidity Facility
(6) Temporary securities swap window
Promote the orderly behavior in governmental and corporate bond markets
(7) Strengthening of the Government Debt Market Makers Program
(8) Government securities term repurchase window
(9) Swap of government securities
(10) Securities Repurchase Facility
Strengthen credit channels
(11) Provision of resources to banking institutions to channel credit to MSMEs and individuals affected by the COVID-19 pandemic
(12) Collateralized financing facility for commercial banks with corporate loans, to finance MSMEs
Promote the orderly behavior of the foreign exchange market
(13) Non-deliverable FX forwards program expansion
(14) USD credit auctions (financed with the swap line facility with the Federal Reserve)
(15) Foreign exchange hedges settled by differences in USD
Note: 1. The total only adds up facilities for which we have information; 2. Using an exchange rate of USD/MXN 22.50
NA = Not available
Source: Banxico, Banorte
MXN
800.0
USD
% of GDP
35.6
3.3
50.0
2.2
0.2
100.0
4.4
0.4
--
100.0
4.4
0.4
100.0
4.4
0.4
100.0
4.4
0.4
250.0
11.1
1.0
100.0
4.4
0.4
Eco
Hist DB NIM Rev C/I
NI Div ROE
LD
Dep Loan ICAP BAP
Guid
Mkt
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BANORTE
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