Strategy Update: Extending Maturities in Short-Horizon Portfolios

Genevieve Signoret

(Hay una versión en español de este artículo aquí.)

This update refers to our strategy for U.S. or Mexican government debt holdings in portfolios with investment horizons of up to two years for which withdrawal dates and amounts are unknown.

Because we see monetary policy rates in both Mexico and the United States coming down this year, in this type of portfolio, we’ve extended maturities to two years from one month.

For portfolios in which cashflows are predictable, we’ll continue to match maturities to projected withdrawal dates.