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India FIMMDA-Thomson Reuters-MIFOR for six mths 6.55 pct
April 20, 2017 / 11:02 AM / 5 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.55 pct

Apr 20 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.55 percent on
Thursday compared with 6.57 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 Thursday. 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(24/05/17)   27.00/28.25    05.08/05.32   06.09/06.32
  2M(27/06/17)   58.25/59.75    05.14/05.27   06.20/06.34
  3M(24/07/17)   82.50/84.50    05.12/05.24   06.30/06.43
  6M(24/10/17)  163.25/165.25   05.04/05.10   06.49/06.55
  1Y(24/04/18)  323.25/325.25   05.00/05.03   06.85/06.88
    Spot rate : 1$ = 64.6364 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)

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