Reuters logo
India FIMMDA-Thomson Reuters-MIFOR for six mths 6.21 pct
November 29, 2017 / 12:02 PM / 12 days ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.21 pct

  Nov 29 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.21 percent on
Wednesday compared with 6.07 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
5.71 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(04/01/18)   20.25/21.75    03.70/03.98   05.09/05.36
  2M(05/02/18)   42.00/43.75    03.78/03.94   05.23/05.39
  3M(05/03/18)   63.75/65.50    03.97/04.08   05.49/05.60
  6M(04/06/18)  142.25/144.25   04.43/04.49   06.15/06.21
  1Y(04/12/18)  279.00/281.00   04.33/04.36   06.39/06.42
    Spot rate : 1$ = 64.4058 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)

Our Standards:The Thomson Reuters Trust Principles.
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