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India FIMMDA-Thomson Reuters-MIFOR for six mths 5.93 pct
October 4, 2017 / 11:02 AM / 2 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 5.93 pct

  Oct 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 5.93 percent on
Wednesday compared with 5.85 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.02 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(06/11/17)   25.00/26.25    04.51/04.73   05.77/05.99
  2M(06/12/17)   47.25/49.00    04.33/04.49   05.63/05.79
  3M(08/01/18)   71.50/73.50    04.25/04.37   05.63/05.75
  6M(06/04/18)  140.00/142.00   04.30/04.36   05.87/05.93
  1Y(09/10/18)  276.00/278.00   04.19/04.22   06.09/06.12
    Spot rate : 1$ = 65.2899 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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