Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 6.41 pct
April 3, 2017 / 11:00 AM / 6 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.41 pct

  Apr 3 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.41 percent on
Monday compared with 6.38 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.30 percent on Monday. One-month, two-month, three-month,
six-month and one-year swaps and benchmark rates are given in
the table below.
--------------------------------------------------------------
                   dlr/rupee      In percent    Implied rupees
  (Spot to)       (paise)       (annualised)  Interest rates(%)
--------------------------------------------------------------
  1M(08/05/17)   28.00/29.75    04.92/05.23   05.92/06.23
  2M(06/06/17)   53.50/55.25    04.93/05.09   05.98/06.14
  3M(06/07/17)   79.75/81.50    04.93/05.04   06.11/06.22
  6M(06/10/17)  158.50/160.50   04.87/04.93   06.35/06.41
  1Y(06/04/18)  311.75/313.75   04.80/04.83   06.72/06.75
    Spot rate : 1$ = 64.9103 rupees (Source - RBI reference
rate from Thomson Reuters page                     
    Note: Figures in brackets indicate negative values.
    The US Dollar LIBOR rates are published by the British
Bankers' Association and sourced from the Thomson Reuters page
          .
    The implied benchmark rates will be available on Thomson Reuters
pages by typing          or            followed by the ENTER key
or double-clicking         ,           .
    Refer to Thomson Reuters page            for the calculation
methodology.
    FIMMDA refers to Fixed Income Money Market and Derivatives
Association of India.
  
($1=0)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below