India FIMMDA-Thomson Reuters-MITOR based on dlr/rupee swap

Last Updated: Tue, Oct 18, 2016 09:40 hrs

Oct 18(Reuters) - The India FIMMDA-Thomson Reuters Mumbai Inter-bank Cash-Tom Offered Rate on Tuesday is 6.54 percent. The MITOR is the reference implied rupee overnight offered rate based on the cash-Tom dollar-rupee premium. The one-month, two-month, three-month, six-month and one-year swaps will be released at 12:30 IST. (0700 GMT) and benchmark rates (MIFOR) will be released at 17:30 IST. (1200 GMT). -------------------------------------------------------------- PERIOD CASH-Tom SWAP DIFFERENCE dlr/rupee In percent Implied rupee (paise) (annualised) interest rate(%) -------------------------------------------------------------- 18/10/2016 01.11/01.12 06.07/06.12 06.48/06.54 OVER 19/10/2016 Spot rate : 1$ = 66.7779 rupees (Source - RBI reference rate from Thomson Reuters page The US Dollar rate used is the Fed Funds Rate from Thomson Reuters page Note:Figures in brackets indicate negative values Cash-Tom levels have been contributed by banks. FIMMDA is the Fixed Income Money Market and Derivatives Association of India. Refer to Thomson Reuters page for the calculation methodology. For Implied benchmark rates refer to or .

More from Sify: