India shifts MIBOR publishing to 12:45 p.m. IST from August 4, using three hours of trading data for better accuracy.

• MIBOR to reflect 9 AM–12 Noon call market trades, replacing the current one-hour data collection method.
• FBIL’s SORR benchmark also publishes at 12:45 p.m., using similar three-hour repo market trade data.
• RBI-backed change aims to improve rate accuracy as 70%-80% of daily volumes occur in the first three trading hours.