Portfolio Compression for cleared forward INR/USD trades carried out on 27th Mar’ 19

 

On 27th Mar’ 19, CCIL successfully carried out the 9th cycle of Portfolio Compression for cleared forward INR/USD trades. The exercise was aimed at reducing the overall gross outstanding trade volume by identifying economically redundant trades for early termination. Five large banks participated in this exercise.

 

A reduction in market-wide outstanding of over USD 4.591 Billion was achieved through this exercise.