India FIMMDA-Thomson Reuters Commercial Paper Benchmark

Tue Feb 5, 2013 12:39pm IST

Feb 5 Tuesday (Reuters) - The FIMMDA-Thomson Reuters 3 mths Commercial Paper
Benchmark is 9.0750% compared with 9.0438% on Monday 04 Feb.

  TENORS    BENCHMARK
  -------   ---------
  1 Month   8.2000
  2 Month   8.6375
  3 Month   9.0750
  4 Month   9.1667
  5 Month   9.2583
  6 Month   9.3500
  7 Month   9.3663
  8 Month   9.3826
  9 Month   9.3989
 10 Month   9.4152
 11 Month   9.4315
  1  Year   9.4500

COMPUTATION: Indicative quotes from Investors, Issuers  as well
as Brokers are polled from the panel of contributors by Thomson Reuters
personnel for 1 month, 3 month, 6 month and 1 year primary A1+
commercial papers. Bid Rate, Ask Rate or both Bid Rate and Ask Rate
as thecase may be is considered for the benchmarks. Median Bid Rate
and Median Ask Rate is computed. The India FIMMDA-Thomson Reuters 1 month
Commercial Paper Benchmark is the mean or simple average of the 1
mnth Median Bid Rate and the 1 month Median Ask Rate. Similarly
the 3 month, 6 month and 1 year Commercial Paper Benchmarks are
computed. The 2 month benchmarks is computed by interpolating
the 1 month and 3 month benchmarks, the 4 month and 5 month
benchmarks are compute by interpolating the 3 month and 6 month
benchmarks and the 7 month, 8 month, 9 month, 10 month and 11
month benchmarks are computed by interpolating the 6 month and 1
year benchmarks.
 For participants' names and quotes, please double-click on
 or type INCPCONT followed by an Enter key. For
benchmark levels, please double-click on or type
0#INFIMCPBMK= and then press ENTER.
 gives spread on CP over T-Bill

    FIMMDA is the Fixed Income Money Market and Derivatives
Association of India.
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Shares Hit Record

Sensex, Nifty rise to second consecutive record high

Sensex surges 500 points on BOJ easing, L&T gains

The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro.  Full Article 

REUTERS SHOWCASE

Wilful Negligence?

Wilful Negligence?

SEBI piles pressure on Sahara to sell overseas hotels  Full Article 

Indian Economy

Indian Economy

India's fiscal deficit in H1 almost 83 pct of full-year target.  Full Article 

M&M Earnings

M&M Earnings

M&M Q2 net profit down 4 percent, hit by poor monsoon.  Full Article 

Ban on E-Cigs?

Ban on E-Cigs?

Govt considers ban on e-cigarettes, sale of single smokes.  Full Article 

Commodities

Commodities

Silver futures in India hit four-year low on global cues.  Full Article 

BOJ Policy

BOJ Policy

BOJ shocks markets with surprise easing as inflation slows.  Full Article 

Shadow Banking

Shadow Banking

China's shadow banking sector growing rapidly, third largest in world - FSB.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage