The banks want the swaps to reference the newly-proposed secured overnight rupee rate (SORR) instead of the prevailing Mumbai interbank outright rate (MIBOR), sources said, asking not to be named as discussions are private. The move is intended to improve price discovery in the interest-rate swap market, an opaque but important part of the financial system that helps banks and corporations manage their risks.
Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Financial Express Lucknow.
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Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Financial Express Lucknow.
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