Today, the Reserve Bank conducted a USD/INR Buy/Sell swap auction for a notified amount of USD 10 billion as announced vide press release dated March 10, 2025. I. Summary Results | Aggregate amount notified (USD Billion) | 10.00 | | Total amount bid by participants (USD Billion) | 22.28 | | Total amount accepted (USD Billion) | 10.04 | | Cut-off premium (in paisa) | 586.00 | II. Other Details | USD/INR Buy Sell Swap auction | | No. of bids received | 325 | | Bid to cover ratio | 2.23 | | No. of bids accepted | 96 | | Partial allotment as % of competitive bids at cut-off premium | N/A | | Weighted Average Premium of accepted bids (in paisa) | 592.32 | | First leg settlement date | March 26, 2025 | | Second leg settlement date | March 27, 2028 | Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/2446 |
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