Services

Portfolio Compression Services

On 10th September 2026, CCIL successfully carried out the 43rd cycle of the Portfolio Compression exercise in the Interest Rate Swaps market for MIBOR Benchmark, aimed at reducing the overall notional outstanding and the number of outstanding contracts by identifying economically redundant trades for early termination. 31 large foreign, private, nationalized sector Banks, Primary Dealers and NBFCs participated in this exercise. Of the 33,806 trades between 31 members which were found to be eligible for being considered for compression, 30,858 trades were identified for early termination achieving a compression rate of 91.28%. 30,517 trades were terminated fully while 341 trades were partially terminated. The reduction in market-wide Notional Outstanding of Rs. 13,23,457.04 Crores was achieved through this portfolio compression exercise. The compression exercise included both trades cleared by CCIL and non-cleared trades.