Swap Auction, April 26, 2022: Results

Press Releases Marquee

RbiAnnouncementWeb

Asset Publisher

Published on April 26, 2022

LISTEN

PDF (305135)

Swap Auction, April 26, 2022: Results

Today, the Reserve Bank conducted a USD/INR Sell Buy swap auction for a notified amount of USD 5 billion as announced vide press release dated March 29, 2022.

I. SUMMARY RESULTS

Aggregate amount notified (USD Billion)	5.00
Total amount bid by participants (USD Billion)	14.31
Total amount accepted (USD Billion)	5.00
Cut-off premium (in paisa)	468.89

II. OTHER DETAILS

USD/INR Sell Buy Swap auction
No. of bids received	237
Bid to cover ratio	2.86
No. of bids accepted	73
Partial allotment as % of competitive bids at cut off premium	26.42
Weighted Average Premium of accepted bids (in paisa)	462.56
First leg settlement date	April 28, 2022
Second leg settlement date	October 23, 2023