Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and derivatives before its phase-out.

Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan ...

MUMBAI, Feb 14 (Reuters) - Healthy demand for India's long-term government bonds has shrunk the yield spread with the benchmark paper to the lowest in a year, flattening the yield curve, traders said.

MUMBAI, Aug 13 (Reuters) - Investment in a type of bond derivative called forward rate agreements could likely rise in India as the interest rate cycle turns and the country's largest insurer enters ...

Mumbai: The Reserve Bank Governor announced on Friday that the RBI will be introducing forward contracts in Government ...

Subject to its right to elect cash or net share settlement subject to certain conditions, the Company intends to deliver, upon settlement of the forward sale agreements on one or more dates specified ...

Benchmark rates have long been a cornerstone of traditional finance (TradFi), underpinning trillions in financial instruments. Benchmarks like LIBOR and SOFR play a crucial role in determining lending ...

MUMBAI, Feb 7 (Reuters) - The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest rate risk, the central bank said on Friday. "We ...