E - Mecklai Forex Corner

eMecklai on Wednesday's issued the following prices for " Government of India securities, based on Tuesday's risk free zero curve."

Security		Maturity	emecklai Value	YTM	Traded Price	Traded YTM
Type	Coupon	Date	Rupees	in %	Rupees	in %
GS-CG2001-0.1155	11.55%	7/2/01	100.76	10.33%	-	-
GS-CG2002-0.1115	11.15%	9/1/02	101.08	10.48%	101.08	10.48%
GS-CG2003-0.1110	11.10%	4/7/03	101.12	10.56%	-	-
GS-CG2004-0.1250	12.50%	3/23/04	105.12	10.66%	105.12	10.66%
GS-CG2005-0.1119	11.19%	5/21/05	101.32	10.81%	-	-
GS-CG2006-0.1100	11.00%	7/28/06	100.01	10.99%	-	-
GS-CG2008-0.1140	11.40%	8/31/08	100.00	11.39%	100.00	11.39%
GS-CG2009-0.1199	11.99%	4/7/09	102.67	11.49%	-	-
GS-CG2010-0.1229	12.29%	1/29/10	104.01	11.57%	-	-
GS-CG2011-0.1232	12.32%	1/29/11	104.02	11.63%	-	-
GS-CG2014-0.1183	11.83%	11/12/14	100.82	11.71%	-	-
GS-CG2018-0.1260	12.60%	11/23/18	106.46	11.73%	-	-

eMecklai Value refers to prices generated by our propreitory software for valuing non-traded securities in illiquid markets.Risk free zeroes,used for valuing securities are presented below

Tenor	Zeros
1	10.77%
2	10.78%
3	10.93%
4	11.07%
5	11.25%
6	11.48%
7	11.76%
8	12.03%
9	12.25%
10	12.36%
15	12.40%
20	12.44%