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MONEY_MARKET_INTEREST_CALCULATIONS

MONEY_MARKET_INTEREST_CALCULATIONS

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Published by Vishal

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Published by: Vishal on Feb 05, 2011
Copyright:Attribution Non-commercial

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05/12/2014

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CALL MONEY TRANSACTION :
LENDER : BANK ABORROWER : BANK BTRADE DATE : 6/21/2010SETTLELEMENT DATE : 6/21/2010MATURITY DATE : 6/22/2010AMOUNT :  700,000,000PERIOD :  1 DAY5.35%p.a.INTEREST AMOUNT :  102,603MATURITY VALUE :  700,102,603OVERNIGHT MONEY : 1 DAYNOTICE MONEY : 2 TO 14 DAYSTERM MONEY : 15 D TO 1 YEARLAF RATES : 3.75 - 5.25 % p.a.LAF AUCTION RESULTS :CBLO ON 21 JUNE :SIMPLE INTEREST METHODSETTLEMENT THROUGH CURRENT A/C WITH RBINO BROKERS, OTC MARKET
MIBOR :
 
CBLO :
Started in 2003Approved money market instrumentNo CRRIssued only in electronic format using INFINETCCIL is counter-party to all tradesSettled on NET basis with T+0 & T+1 cyclesCan be traded in secondary marketBanks, Fis, PDs, Coop Banks can participateRate generally lower than call money rate
MARKET REPO :
SALE AMOUNT : 100PERIOD 3DAYSAGREED RATE 5.00%p.a.REPURCHASE AMOUNT :  100.04109589Bank buying security ABank selling security BTRADE DATE 6/21/2010SETTLEMENT/SALE DATE 6/22/2010MATURITY/REPURCHASE D 6/25/2010ON SETTLEMENT DATE :ON MATURITY DATE :Interest Amount :  0.041096
A B
Rs. 100
security m.v. 100
AB
Original security
Rs. 100.041096
 
Matuirty Amount :  100.041096
 
POINTS TO REMEMBER :
MARKET PRICE : FULL PRICE  & CLEAN PRICERISK FOR BANK A : HAIR CUTRBI REPOS DONE AT : FACE VALUE & 5% MARGIN
T/BILL YIELD CALCULATION :
FACE VALUE 100TARDED PRICE 98.81TRADE DATE 6/17/2010SETTLEMENT 6/18/2010MATURITY 9/10/2010PERIOD  84YIELD : 5.2331%
SPOT & FORWARD INTEREST RATES :

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