Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 6.22 pct
June 2, 2017 / 11:01 AM / in 7 months

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.22 pct

  Jun 2 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.22 percent on
Friday compared with 6.24 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.71 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(06/07/17)   24.50/26.00    04.63/04.91   05.73/06.02
  2M(07/08/17)   51.50/53.00    04.71/04.84   05.87/06.01
  3M(06/09/17)   76.50/78.25    04.71/04.82   05.97/06.07
  6M(06/12/17)  151.00/153.00   04.68/04.74   06.16/06.22
  1Y(06/06/18)  300.50/302.50   04.66/04.70   06.50/06.53
    Spot rate : 1$ = 64.4208 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