Indicative quotes from Investors as well as Issuers are polled from the panel of contributors by Thomson Reuters for 7 Days to 1year . Single one way BID & ASK rate contributed by contributors are consideredfor the benchmark. Median is computed from quotes received from Investors andIssuers after eliminating one high and one low and final fixing is arrived by taking simple Average of Investors Median and Issuer's Median for each tenor. This process is followed to arrivethe fixing for 7 days through 1 year TBils. |
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Indicative quotes from Investors as well as Issuers are polled from the panel of contributors by Thomson Reuters for 1month3 month, 6 month, & 1year Primary Market A1+ Commercial Papers. Single one way BID & ASK rate contributed by contributors are consideredfor the benchmark. Median is computed from quotes received from Investors and Issuers after eliminating one high and one low and final fixing is arrived by taking simple Average of Investors Median and Issuer's Median for each tenor. This process is followed to arrivethe fixing for 1m, 3m, 6m, and 1 year CP.The 2 month CP benchmark is computed by interpolating the 1 month and 3 month CP benchmarkthe 4 month and 5 month benchmarks are omputed by interpolating the 3 month and6 month benchmarks and the 7 month, 8 month, 9 month,10 month and 11 month benchmarks are computed by interpolating the 6 month and 1year benchmarks |
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