March 28, 2018 / 11:02 AM / a month ago

India FIMMDA-Thomson Reuters-MIFOR for six mths 6.76 pct

  Mar 28 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 6.76 percent on
Wednesday compared with 6.59 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
9.88 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(04/05/18)   23.50/25.25    04.40/04.72   06.32/06.64
  2M(04/06/18)   47.25/49.25    04.35/04.53   06.39/06.58
  3M(05/07/18)   69.75/71.50    04.25/04.36   06.62/06.73
  6M(04/10/18)  136.00/138.00   04.17/04.23   06.70/06.76
  1Y(04/04/19)  259.00/261.00   03.98/04.01   06.79/06.82
    Spot rate : 1$ = 65.0441 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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