EIIR definition

EIIR. It means Equilibrium Interbank Interest Rate determined by the Bank of Mexico, published on its Internet portal.
View Source
EIIR the Equilibrium Interbank Interest Rate to a term of twenty-eight days, published by the Bank of Mexico (Banco de Mexico) in the Official Gazette of the Federation (Diario Oficial de la Federacion) on the date when the pertinent "Interest Period" begins or, in case such rate is not published on that date, the immediately preceding rate published.
View Source

Examples of EIIR in a sentence

  • If someone not listed on the EIIR card will be picking up, please notify the Director or Kids Care staff through email or a Class Dojo message.

  • Only authorized people listed on the EIIR card will be allowed to pick up a child.

  • BORROWER binds to pay to the BANK, without the need of a prior request, the ordinary interest on the unpaid balances payable and estimated by "Interest Periods" due for payment, to a rate equal to the result of adding the Equilibrium Interbank Interest Rate (EIIR) to the number of additional points indicated on the Cover Page of this agreement.

  • The Average Equilibrium Interbank Interest Rate published in the Official Gazette of the Federation or the newspapers of major circulation, or the rate that may substitute it, if applicable, on the understanding that, if the EIIR ceases to be published and is not substituted with other indicator, the average rate that the Bank of Mexico offers for the fixed-income instrument with the highest return shall be used for all purposes of this instrument.