PRESS RELEASE

April 12, 2022

RESTORATION OF PUBLICATION TIME OF FBIL BENCHMARKS

Pursuant to RBI press release dated April 11, 2022 notifying restoration of the opening time
for regulated financial markets to their pre-pandemic timing of 9:00 a.m. with effect from
April 18, 2022, the Financial Benchmarks India Pvt. Ltd. (FBIL) has accordingly decided to
restore the time of publication of various benchmarks with effect from April 18, 2022 as
under:

Data Collection
Sr. No. Benchmarks Publication Time
Time
1 FBIL MIBOR 09:00 -10:00* 10:45*
2 FBIL MROR 09:00 -10:00* 10:45*
3 FBIL Term MIBOR 11:00 - 11:15* 11:45*
4 FBIL Reference Rate 11:30 - 12:30 13:30
5 FBIL Forward Premia Rate 09:00 - 16:00 16:45
6 FBIL MIFOR ------ 17:00**
7 FBIL T-Bill Rate 09:00 - 15:30 16:30
8 FBIL CD Rate 09:00 - 15:30 16:30
9 FBIL MIBOR OIS 09:00 - 15:30 16:30
10 FBIL FC Rupee Volatility 15:30 - 16:00 16:30
G.Sec, Par Yield, SDL, Special
11 15:30 18:00
Securities, STRIP and ZCYC
Note:
Adjusted MIFOR and Modified MIFOR rates will continue to be published at 19:45 P.M.
factoring US Daylight Saving.
* If the threshold criteria of number of trades and volume are not met, the time for
computation of rates for MIBOR and MROR will be extended by 30 minutes first and then by
another 30 minutes. If the threshold criteria are still not met, the previous day’s rates will be
repeated.
* If the timing for FBIL MIBOR is extended, the polling for Term MIBOR will also be extended
accordingly.
** MIFOR publication time is based on UK Daylight Saving.

Chief Executive Officer