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

Last Updated: Tue, Jan 02, 2018 09:40 hrs

Jan 2(Reuters) - The India FIMMDA-Thomson Reuters Mumbai Inter-bank Cash-Tom Offered Rate on Tuesday is 5.74 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(%) -------------------------------------------------------------- 02/01/2018 00.74/00.75 04.24/04.30 05.68/05.74 OVER 03/01/2018 Spot rate : 1$ = 63.6697 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 .



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