The one-year Overnight Indexed Swap (OIS) has surged to 6.62%, the highest in 45 months. The one-year OIS yielded at 6.62% versus 6.64% on December 18, 2018, showed Bloomberg data compiled by ETIG.
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources
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