Logout / Access Other products Drop Down Arrow
Get live help Monday-Friday from 7:00AM-6:00PM ET (11:00AM-10:00PM GMT)  •  Contact Us
Check out our new FAQ section!
RSS Feed
New Data: India - Interbank rates
Monday, 16 Jul 2018 20:52 ET
By Annie Kao
Summary
July 2018 -- Data Buffet now carries the Mumbai Interbank Offer Rate (MIBOR) and Mumbai Interbank Bid Rate (MIBID) call money market rates (four new daily series from 1998, four defunct series 1998 to 2016).
Detail

Figures are percent per annum (% p.a) not seasonally adjusted (NSA). The MIBOR series start at 1 December 1998; the MIBID series run from 15 June 1998 to 14 July 2016.

The series reside in the historical catalog (India » Financial » Interbank rates) and include, for example:

  • IR%MIBORONUD.IIND = Interest rates: MIBOR - Overnight, (% p.a., NSA)
  • IR%MIBID3MUD.IIND = [DISCONTINUED] Interest rates: MIBID - 3 months, (% p.a., NSA)

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

About the dataset

The "FIMMDA-NSE-Overnight MIBID/MIBOR" was replaced by the "FBIL-Overnight MIBOR" on 22 July 2015. It is calculated from actual trading rates.

As arranged by the Reserve Bank of India (RBI), the present arrangement is that the overnight MIBOR is calculated by FBIL (Financial Benchmarks India Pvt Ltd.) and the "term MIBOR" (for the three longer tenors) is calculated by CCIL (the Clearing Corporation of India Ltd.).

References

Other
Related ReleaseMumbai Inter-Bank Offer Rate (MIBOR)
SourceReserve Bank of India
FrequencyWeekly Friday
GeographyIndia