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India FIMMDA-Thomson Reuters-MIFOR for six mths 5.85 pct
September 14, 2017 / 11:00 AM / 3 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 5.85 pct

Sep 14 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 5.85 percent on
Thursday compared with 5.89 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.63 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(18/10/17)   22.00/23.50    04.18/04.46   05.43/05.72
  2M(20/11/17)   46.75/48.25    04.23/04.36   05.53/05.66
  3M(18/12/17)   67.75/69.75    04.24/04.37   05.60/05.72
  6M(19/03/18)  136.75/138.75   04.28/04.34   05.79/05.85
  1Y(18/09/18)  275.75/277.75   04.30/04.34   06.12/06.15
    Spot rate : 1$ = 64.0692 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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