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India FIMMDA-Thomson Reuters-MIFOR for six mths 6.14 pct
July 7, 2017 / 11:04 AM / 4 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.14 pct

  Jul 7 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.14 percent on
Friday compared with 6.11 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
4.73 percent on Friday. 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(11/08/17)   24.50/26.00    04.46/04.73   05.70/05.98
  2M(11/09/17)   50.00/51.50    04.55/04.68   05.83/05.97
  3M(11/10/17)   74.50/76.50    04.57/04.69   05.90/06.03
  6M(11/01/18)  148.75/150.75   04.56/04.62   06.08/06.14
  1Y(11/07/18)  291.00/293.00   04.50/04.53   06.36/06.39
    Spot rate : 1$ = 64.7342 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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