March 12, 2018 / 12:03 PM / in 5 months

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.54 pct

  Mar 12 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.54 percent on
Monday compared with 6.50 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.10 percent on Monday. 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(16/04/18)   30.00/31.75    05.10/05.40   06.90/07.20
  2M(14/05/18)   51.25/53.00    04.72/04.88   06.64/06.80
  3M(14/06/18)   73.25/75.00    04.47/04.58   06.63/06.74
  6M(14/09/18)  134.75/136.75   04.11/04.17   06.48/06.54
  1Y(14/03/19)  256.00/258.00   03.94/03.97   06.64/06.67
    Spot rate : 1$ = 65.0199 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
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