Portfolio Compression for cleared forward INR/USD trades carried out on 18th March’ 21

 

On 18th March’ 21, CCIL successfully carried out the 12th 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. Four large banks participated in this exercise. A reduction in market-wide outstanding of over USD 1.79 Billion was achieved through this exercise.