Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 5.85 pct
September 27, 2017 / 11:03 AM / 3 months ago

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

  Sep 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 5.85 percent on
Wednesday compared with 5.77 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.98 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(31/10/17)   25.25/27.00    04.38/04.69   05.64/05.95
  2M(30/11/17)   48.00/49.75    04.30/04.46   05.60/05.76
  3M(29/12/17)   70.00/71.75    04.27/04.38   05.64/05.75
  6M(28/03/18)  137.00/139.00   04.23/04.29   05.79/05.85
  1Y(28/09/18)  276.50/278.50   04.22/04.25   06.11/06.14
    Spot rate : 1$ = 65.6947 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