Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 5.81 pct
January 4, 2017 / 11:50 AM / a year ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 5.81 pct

Jan 4 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate for six months based on the
implied yield using dollar-rupee premium is 5.81 percent on
Wednesday compared with 5.79 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
3.13 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(06/02/17)   21.75/23.25    03.76/04.02   04.53/04.79
  2M(06/03/17)   44.00/45.75    03.99/04.15   04.83/04.99
  3M(06/04/17)   75.00/76.75    04.46/04.57   05.49/05.60
  6M(06/07/17)  148.00/150.00   04.38/04.44   05.75/05.81
  1Y(08/01/18)  291.75/293.75   04.26/04.29   06.04/06.07
    Spot rate : 1$ = 68.1791 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)

Our Standards:The Thomson Reuters Trust Principles.
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