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India FIMMDA-Thomson Reuters-MIFOR for six mths 9.08 pct
June 3, 2014 / 10:58 AM / 4 years ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 9.08 pct

Jun 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 9.08 percent on
Tuesday compared with 8.92 percent the previous day.

    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
8.60 percent on Tuesday. 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(07/07/14)   43.25/44.25    08.33/08.52   08.49/08.68
  2M(05/08/14)   82.50/84.50    08.34/08.54   08.53/08.73
  3M(05/09/14)  126.50/128.50   08.48/08.61   08.71/08.85
  6M(05/12/14)  257.75/259.50   08.68/08.74   09.02/09.08
  1Y(05/06/15)  500.50/502.50   08.45/08.49   09.04/09.07

    Spot rate : 1$ = 59.2125 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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