India fwd/annualised dlr premia-(closing)-May 12

Cash Spot Cash Tom Tom Next
-------------------------------------------------------------
TIME Bid/Ask Bid/Ask Bid/Ask
(in IST)
1000 00.80/01.00 00.43/00.48 00.37/00.52

03.51 % 03.77 % 03.24 %

(May 09)
1000 01.20/01.40 00.85/00.95 00.35/00.40

02.63 % 02.48 % 03.07 %
------------------------------------------------------------
TIME MAY JUN JUL AUG
------------------------------------------------------------
1000 05.00/06.50 12/14 17/19 22/24
1100 05.50/06.50 11/13 16/18 20/22
1200 05.50/07.00 13/15 18/20 21/23
1300 06.25/06.75 13/14 18/19 21/22
1400 05.50/07.00 13/15 18/20 21/23
1500 06.00/07.50 14/16 20/21 24/26
1600 07.00/09.00 14/16 20/22 24/26
1700 06.50/08.00 14/16 20/22 24/26

(Closing May 09)
1700 05.00/06.00 11/12 14/16 17/19
--------------------------------------------------------------
TIME SEP OCT NOV DEC
------------------------------------------------------------
1000 25/27 28/30 31/33 34/36
1100 23/25 26/28 30/32 33/35
1200 24/26 28/30 30/32 34/36
1300 24/26 27/28 30/31 33/35
1400 24/26 27/29 30/32 33/35
1500 28/29 30/32 34/35 37/38
1600 28/30 31/33 35/37 38/40
1700 28/30 31/33 35/37 38/40

(Closing May 09)
1700 20/22 23/25 26/28 29/31
-------------------------------------------------------------
TIME JAN FEB MAR APR
-------------------------------------------------------------
1000 38/40 41/43 45/47 49/51
1100 36/38 40/42 43/45 47/49
1200 37/39 41/43 44/46 48/50
1300 37/38 41/42 44/45 48/49
1400 37/39 40/42 44/46 47/49
1500 40/42 44/45 47/48 51/52
1600 42/44 45/47 48/50 52/54
1700 42/44 45/47 49/51 53/55

(Closing May 09)
1700 33/35 36/38 40/42 44/46
-----------------------------------------------------------

1MTH 2 MTH 3MTH 4 MTH 5 MTH 6MTH
-------------------------------------------------------------
1000 2.51% 2.15% 1.92% 1.70% 1.54%
1.43%
1100 2.47% 2.05% 1.80% 1.60% 1.45%
1.37%
1200 2.71% 2.29% 1.95% 1.67% 1.53%
1.43%
1300 2.71% 2.20% 1.85% 1.59% 1.45%
1.36%
1400 2.70% 2.25% 1.91% 1.66% 1.50%
1.39%
1500 2.94% 2.46% 2.12% 1.87% 1.67%
1.54%
1600 3.11% 2.52% 2.16% 1.90% 1.72%
1.60%
1700 3.02% 2.49% 2.14% 1.88% 1.71% 1.59%

(Closing May 09)
1700 2.26% 1.81% 1.56% 1.38% 1.27% 1.21%
------------------------------------------------------------

7 MTH 8 MTH 9 MTH 10 MTH 11 MTH 12MTH
-------------------------------------------------------------
1000 1.36% 1.31% 1.28% 1.26% 1.24% 1.24%
1100 1.31% 1.26% 1.23% 1.21% 1.20% 1.20%
1200 1.34% 1.29% 1.26% 1.24% 1.23% 1.22%
1300 1.30% 1.26% 1.23% 1.21% 1.20% 1.20%
1400 1.32% 1.27% 1.24% 1.22% 1.20% 1.18%
1500 1.45% 1.38% 1.34% 1.30% 1.28% 1.27%
1600 1.52% 1.44% 1.39% 1.35% 1.32% 1.31%
1700 1.51% 1.44% 1.39% 1.36% 1.33% 1.32%

(Closing May 09)
1700 1.16% 1.13% 1.12% 1.11% 1.11% 1.11%
------------------------------------------------------------

(CONVERSION RATE - $1 = 42.05 rupees)
Note: Figures in brackets indicate negative value.

Premiums have been given in paise and annualised premiums
are on a rolling monthly basis. For the purpose of calculating
the annualised premiums, the mid-figure between bid and ask is
taken.

These indicative rates are based on contributions from ABN
AMRO, Andhra Bank, Bank of America, Bank Of Baroda, BNP Paribas
,Barclays Bank Ltd, Canara Bank, Syndicate Bank, ICICI Bank,
Calyon Bank,ING Vysya Bank, Standard Chartered Grindlays, HDFC
Bank, Indusind Bank,Corporation Bank, Bank of India, J P
Morgan, Union Bank of India, Axis Bank,State Bank Of India,
HSBC. For contributions contact Bangalore Rate Reporting unit
(080) 41356505 fax : +91 80 4135 6307
e-mail:rru.data@thomsonreuters.com