STCI Primary Dealer Ltd.

Products

Skip Navigation Links.

Interest Rate Derivatives


An interest rate derivative is an instrument where the underlying asset is the right to pay or receive an (usually notional) amount of money at a given interest rate. In other words, interest rate derivatives are financial instruments based on an underlying financial security whose value is affected by interes rate changes. These products are used by a variety of participants in order to hedge their exposures against adverse interest rate movements. Such instruments are also used for speculation purposes, which broadly serve as an indicator for interest rate expectations. In India, the interest rate derivatives segment is at a growing stage. As of now, the interest rate derivatives permitted by regulatory guidelines in India include

 

Latest News

India Consumer Price-based inflation
India’s Consumer Price-based inflation for April 2019 came in at 2.92% compared to 2.86% a month prior. Core CPI decelerated to 4.54% in April from 4.99% a month ago.
--------------------------------------------------
Industrial production
Industrial production fell to 21-month lows of -0.1% in Mar-19. Cumulatively, IIP for FY19 stood at 3.6%, lower than 4.4% in FY18. Nonetheless, significant sequential uptick was observed across all sectors: Mining sector grew by 17.9%, Manufacturing grew by 8% and Electricity sector grew by 16.9%
--------------------------------------------------
Wholesale Price inflation (WPI)
Wholesale Price inflation (WPI) stood at 3.07% for Apr-19 compared to 3.18% in Mar-19 despite significant upside momentum in the prices of primary articles due to a favourable base.
--------------------------------------------------