India FIMMDA-REUTERS 3 Mths Commercial Paper Benchmark 13.5000%

Oct 08 Wednesday (Reuters) - The FIMMDA-REUTERS 3 mths
Commercial Paper Benchmark is 13.5000% compared with 13.5000%
on Tuesday 07 Oct
TENORS BENCHMARK
------- ---------
1 Month 13.2500
2 Month 13.3750
3 Month 13.5000
4 Month 13.4333
5 Month 13.3667
6 Month 13.3000
7 Month 13.3163
8 Month 13.3326
9 Month 13.3489
10 Month 13.3652
11 Month 13.3815
1 Year 13.4000 COMPUTATION: Indicative quotes from
Investors, Issuers as well as Brokers are polled from the
panel of contributors by Reuters personnel for 1 month, 3
month,6 month and 1 year commercial papers. Bid Rate, Ask Rate
or both Bid Rate and Ask Rate as the case may be is considered
for the benchmarks. Median Bid Rate and Median Ask Rate is
computed. The India FIMMDA-REUTERS 1 month CommercialPaper
Benchmark is the mean or simple average of the 1 mnth Median
Bid Rate andthe 1 month Median Ask Rate. Similarly the 3 month,
6 month and 1 year CommercialPaper Benchmarks are computed. The
2 month benchmarks is computed by interpolating the1 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
INCPCONT or type INCPCONT followed by an Enter key. For
benchmark levels, please double-click on <0#INFIMCPBMK=> or
type 0#INFIMCPBMK= and then press ENTER. INCPSPRD gives
spread on CP over T-Bill

FIMMDA is the Fixed Income Money Market and Derivatives
Association of India.