Mumbai (30/03/2022): With a view to elongating the maturity profile of forward book and smoothen the receivables relating to forward assets, it has been decided to undertake a sell/buy swap auction of $5 billion on April 26, 2022. The auction will be multiple-price-based, i.e., successful bids will be accepted at their respective quoted premiums. The details of the auction are as under:
Swap Amount (USD Billion) |
Auction date | Auction Time | Near Leg/Spot Date | Far Leg Date |
5 | April 26, 2022 | 10.30 am – 11.30 am | April 28, 2022 | October 23, 2023 |