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India FIMMDA-Thomson Reuters-MIFOR for six mths 6.52 pct
May 8, 2017 / 11:01 AM / in 7 months

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.52 pct

  May 8 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.52 percent on
Monday compared with 6.48 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.92 percent on Monday. 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(12/06/17)   27.50/29.00    04.88/05.15   05.90/06.16
  2M(11/07/17)   53.50/55.00    04.99/05.12   06.08/06.22
  3M(11/08/17)   80.75/82.75    04.99/05.11   06.21/06.33
  6M(13/11/17)  162.50/164.50   04.97/05.03   06.46/06.52
  1Y(11/05/18)  320.75/322.75   04.99/05.03   06.90/06.93
    Spot rate : 1$ = 64.2154 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
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