Interest
rates and ratio:
Interest Rate
|
May 04 2018
|
Apr 05 2019
|
Apr 12 2019
|
Apr 19 2019
|
Apr 26 2019
|
May 3 2019
|
|
|
|
|
|
||
Policy Repo Rate
|
6.00
|
6.00
|
6.00
|
6.00
|
6.00
|
6.00
|
Call Money Rate (WA)
|
5.90
|
6.18
|
6.00
|
6.05
|
6.16
|
6.08
|
364-Day Treasury Bill Yield
|
6.62
|
6.31
|
6.39
|
6.45
|
6.50
|
6.51
|
2-Yr Indian G-Sec
|
7.31
|
6.69
|
6.73
|
6.72
|
6.77
|
6.76
|
10-Yr Indian G-Sec
|
7.73
|
7.40
|
7.40
|
7.42
|
7.41
|
7.40
|
10-Yr US G-Sec
|
2.95
|
2.50
|
2.56
|
2.56
|
2.50
|
2.53
|
AAA (Indian corporate)
|
8.28
|
8.44
|
8.49
|
8.81
|
8.69
|
8.65
|
Spread in bps (10Yr Indian-US)
|
478
|
490
|
484
|
486
|
491
|
487
|
Credit/Deposit Ratio
|
71.69
|
|
76.97
|
|
77.05
|
|
USD LIBOR (overnight)
|
1.7044
|
2.3941
|
2.3885
|
2.3856
|
2.4000
|
2.3731
|
Acuité Portfolio Debt Instrument Benchmark Estimates (as on 10 May
2019):
Category
|
10-Yr Corporate Yield to Maturity
|
AAA*
|
NA
|
AA+
|
8.36%
|
AA
|
8.87%
|
|
Deposit (In Rs. Lakh cr)
|
Bank Credit (In Rs. Lakh cr)
|
As on Apr 26, 2019
|
124.86
|
96.21
|
As on Mar 29,2019
|
125.73
|
97.69
|
As on Apr 27,2018
|
113.81
|
85.17
|
YTD (% change)
|
-0.69%
|
-1.51%
|
YoY (% change)
|
9.71%
|
12.96%
|
Money Market
Performance
Commercial Paper (Fortnight):
|
Outstanding (In Rs. Lakh cr)
|
Amount issued (In Rs. Lakh cr)
|
31-Mar-2019
|
4,830.8
|
1013.0
|
28-Feb-2019
|
5,208.1
|
900.8
|
31-Mar-2018
|
3,725.8
|
999.2
|
%
Change (MoM)
|
-7.24%
|
12.45%
|
%
Change (YoY)
|
29.66%
|
1.38%
|
Source: RBI, Acuité Research; Note: Net injection (+) and Net absorption (-)
Corporate debt (in Rs. Lakh Cr):
Net Debt Issuance by Centre and State Government (Rs. Billion):
Commodity Price Index (3 Month Moving Average):
Commodity Price Movement (3 Month Moving Average):
USD-INR Movement:
Source: RBI, Acuité Research