Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 6.40 pct
March 15, 2017 / 11:49 AM / in 9 months

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.40 pct

  Mar 15 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.40 percent on
Wednesday compared with 6.31 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.29 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(17/04/17)   29.25/31.25    05.26/05.62   06.22/06.58
  2M(17/05/17)   55.75/57.75    05.09/05.27   06.10/06.28
  3M(19/06/17)   83.75/85.75    04.96/05.08   06.14/06.26
  6M(18/09/17)  160.75/162.75   04.84/04.90   06.33/06.40
  1Y(19/03/18)  314.00/316.00   04.77/04.80   06.71/06.74
    Spot rate : 1$ = 65.5146 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)


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