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

Real gross domestic product for Q4FY21
Real gross domestic product for Q4FY21 noted a year on year growth 1.6%, showing signs of improvement over the previous quarter’s growth of 0.5%. Gross Value Added (GVA) grew by a strong 3.7% as compared to a growth of 1% in the previous quarter.
--------------------------------------------------
Gross Value Added (GVA)
Gross Value Added (GVA) grew by a strong 3.7% as compared to a growth of 1% in the previous quarter.
--------------------------------------------------
In the second bi-monthly monetary policy for FY22
In the second bi-monthly monetary policy for FY22, the RBI Monetary Policy Committee unanimously decided to maintain status quo on policy rates and the policy stance. The key policy rates stand unchanged: Repo rate at 4.00%, Reverse Repo rate at 3.35%, Marginal Standing Facility and Bank rate at 4.25%.
--------------------------------------------------
The CPI-June
The Consumer Price Index (Combined) inflation for June 2021 printed lower at 6.26% as compared to the reading of 6.30% in the previous month.
--------------------------------------------------
Headline-june-2021
Headline WPI inflation for June 2021 printed at 12.1%, marginally lower than 12.9% recorded in May 2021, due to softening in prices of primary articles and fuel along with a strong favourable statistical base.
--------------------------------------------------
IIP growth May 2021
IIP growth for May 2021 printed at 29.3% as against the revised reading of 134.6% in April 2021, on a year on year basis.
--------------------------------------------------