Today, the Reserve Bank conducted USD/INR Sell Buy swap auction for a notified amount of USD 2 billion as announced vide press release dated March 12, 2020. I. SUMMARY RESULTS | Aggregate amount notified by RBI (USD Billion) | 2.00 | | Total amount bid by participants (USD Billion) | 4.67 | | Total amount accepted by RBI (USD Billion) | 2.06 | | Cut-off premium (in paisa) | 156.00 | II. DETAILS OF THE AUCTION | USD/INR Sell Buy Swap auction | | No. of bids received | 78 | | Total bid amount (in USD billion) | 4.67 | | Bid to cover ratio | 2.34 | | No. of bids accepted | 19 | | Total amount accepted by RBI (in USD billion) | 2.06 | | Cut-off premium (in paisa) | 156.00 | | Partial allotment as % of competitive bids at cut off premium | - | | Weighted Average Premium of accepted bids (in paisa) | 154.38 | | First leg settlement date | March 18, 2020 | | Second leg settlement date | September 18, 2020 | Ajit Prasad
Director Press Release: 2019-2020/2067 | |