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India FIMMDA-Thomson Reuters-MIFOR for six mths 6.00 pct
August 24, 2017 / 10:59 AM / 3 months ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.00 pct

Aug 24 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.00 percent on
Thursday compared with 6.01 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.76 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(29/09/17)   23.75/25.25    04.36/04.64   05.62/05.90
  2M(30/10/17)   48.00/49.50    04.41/04.55   05.71/05.85
  3M(29/11/17)   71.50/73.25    04.43/04.54   05.78/05.89
  6M(28/02/18)  142.25/144.25   04.43/04.49   05.94/06.00
  1Y(29/08/18)  276.75/278.75   04.32/04.35   06.14/06.17
    Spot rate : 1$ = 64.0676 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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