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India FIMMDA-Thomson Reuters-MIFOR for six mths 6.70 pct
April 27, 2017 / 10:58 AM / 7 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.70 pct

  Apr 27 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.70 percent on
Thursday compared with 6.69 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.17 percent on Thursday. 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(02/06/17)   27.50/28.75    05.05/05.28   06.06/06.29
  2M(03/07/17)   56.00/57.50    05.14/05.28   06.20/06.34
  3M(02/08/17)   83.25/85.25    05.15/05.28   06.35/06.48
  6M(02/11/17)  166.50/168.50   05.15/05.21   06.64/06.70
  1Y(02/05/18)  331.50/333.50   05.17/05.20   07.06/07.10
    Spot rate : 1$ = 64.1141 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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