June 02, 2008

 

Press Release no. 01

Press Release regarding FIMMDA-NSE MIBID-MIBOR

 

Currently Wholesale Debt Market (WDM) segment of the Exchange computes and disseminates the FIMMDA-NSE Mumbai Inter-bank Bid Rate (MIBID) and Mumbai Inter-bank Offer Rate (MIBOR) for the Overnight call rates at 0940 Hrs and 14 days, 1 month and 3 month Term rates at 1130Hrs from Monday to Saturday.

 

The Exchange in consultation with FIMMDA Board and Market Practices Committee proposes to introduce a 3-Day MIBOR on all Fridays, with effect from Friday 6th June 2008 in addition to existing overnight rate.

 

Further, if Friday is a holiday the 3 Day Mibid-Mibor fixing on Thursday will be for 4 days. Also, if Saturday is a holiday then the Overnight FIMMDA-NSE MIBID-MIBOR will not be disseminated on Friday.

 

Further w.e.f Saturday June 7, 2008 the Overnight FIMMDA-NSE MIBID-MIBOR will be polled and disseminated at 1030 Hrs instead of 0940 Hrs as it is done on week days, as the market is very thin on Saturday and market is expected to have better depth by 1030 Hrs.

 

 

Press Release no. 02

News about Blue Dart Express Limited

 

The media had reports that DHL Express is planning to make an open offer to shareholders of the company.

 

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

 

Blue Dart Express Ltd has vide its letter inter-alia stated, "The Company is unaware of any such move."

 

 

Press Release no. 03

NSE completes its 2073rd Normal Settlement

 

The Exchange has successfully completed its 2073rd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008101 on June 02, 2008. The settlement statistics is as follows:      

 

Particulars
Values

 

N – 2008101

Total traded quantity (lakhs)

7553.34

Total traded value (Rs. In Crores)

18158.32

Total value of the settlement (Securities) (Rs. In Crores)

5098.52

Total value of the settlement (Funds) (Rs. In Crores)

1474.79

Shortages for the settlement

0.13%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

24.86%

 

Retail Debt Market have completed its 1347th settlements details of which is as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008101

NIL

NIL

NIL