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India FIMMDA-Thomson Reuters-MIFOR for six mths 5.63 pct
December 14, 2016 / 11:51 AM / 9 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 5.63 pct

Dec 14 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate for six months based on the
implied yield using dollar-rupee premium is 5.63 percent on
Wednesday compared with 5.57 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.01 percent on Wednesday. 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(17/01/17)   22.00/23.75    03.71/04.01   04.43/04.73
  2M(16/02/17)   45.00/47.00    03.92/04.10   04.73/04.90
  3M(16/03/17)   66.25/68.25    03.98/04.10   04.97/05.09
  6M(16/06/17)  142.50/144.50   04.23/04.29   05.57/05.63
  1Y(18/12/17)  289.25/291.25   04.26/04.29   06.01/06.04
    Spot rate : 1$ = 67.5604 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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