India FIMMDA-REUTERS 3 Mths Commercial Paper Benchmark 4.1000%

Nov 6 Friday (Reuters) - The FIMMDA-REUTERS 3 mths Commercial
Paper Benchmark is 4.1000% compared with 4.1500% on Thursday 05
Nov.
TENORS BENCHMARK
------- ---------
1 Month 3.3000
2 Month 3.7000
3 Month 4.1000
4 Month 4.5667
5 Month 5.0333
6 Month 5.5000
7 Month 5.6671
8 Month 5.8342
9 Month 6.0014
10 Month 6.1685
11 Month 6.3356
1 Year 6.5250 COMPUTATION: Indicative quotes from
Investors, Issuers as well as Brokers are polled from the
panel of contributors by Reuters personnel for 1 month, 3
month, 6 month and 1 year commercial papers. Bid Rate, Ask Rate
or both Bid Rate and Ask Rate as the case may be is considered
for the benchmarks. Median Bid Rate and Median Ask Rate is
computed. The India FIMMDA-REUTERS 1 month Commercial Paper
Benchmark is the mean or simple average of the 1 mnth Median
Bid Rate and the 1 month Median Ask Rate. Similarly the 3
month, 6 month and 1 year Commercial Paper Benchmarks are
computed. The 2 month benchmarks is computed by interpolating
the 1 month and 3 month benchmarks, the 4 month and 5 month
benchmarks are compute by interpolating the 3 month and 6 month
benchmarks and the 7 month, 8 month, 9 month, 10 month and 11
month benchmarks are computed by interpolating the 6 month and
1 year benchmarks.
For participants' names and quotes, please double-click on
INCPCONT or type INCPCONT followed by an Enter key. For
benchmark levels, please double-click on <0#INFIMCPBMK=> or
type 0#INFIMCPBMK= and then press ENTER. INCPSPRD gives
spread on CP over T-Bill

FIMMDA is the Fixed Income Money Market and Derivatives
Association of India.