On January 13, 2026, the Reserve Bank announced the results of a USD/INR Buy/Sell swap auction for a notified amount of USD 10 billion, as per the press release dated December 24, 2025.
**Summary Results:**
* Aggregate amount notified: USD 10.00 billion
* Total amount bid by participants: USD 29.94 billion
* Total amount accepted: USD 10.00 billion
* Cut-off premium: 728.00 (in paisa)
**Other Details (USD/INR Buy/Sell Swap auction):**
* Number of bids received: 348
* Bid to cover ratio: 2.99
* Number of bids accepted: 42
* Partial allotment as % of competitive bids at cut off premium: 55.75%
* Weighted Average Premium of accepted bids: 731.12 (in paisa)
* First leg settlement date: January 16, 2026
* Second leg settlement date: January 16, 2029
The press release number is 2025-2026/1909. For communication, contact Ajit Prasad, Deputy General Manager (Communications). The contact phone number is 022 - 2266 0502 and email is helpdoc@rbi.org.in. The website is www.rbi.org.in. The address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Reserve Bank of India: Central bank that conducted the USD/INR Buy/Sell swap auction.
USD/INR Buy/Sell Swap Auction: The auction that is the subject of the press release.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 13, 2026
Result of the USD/INR Buy/Sell Swap Auction, January 13, 2026
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 December 24, 2025.
I. SUMMARY RESULTS
Aggregate amount notified (USD billion) 10.00
Total amount bid by participants (USD billion) 29.94
Total amount accepted (USD billion) 10.00
Cut-off premium (in paisa) 728.00
II. OTHER DETAILS
USD/INR Buy/Sell Swap auction
No. of bids received 348
Bid to cover ratio 2.99
No. of bids accepted 42
Partial allotment as % of competitive bids at cut off 55.75%
premium
Weighted Average Premium of accepted bids (in paisa) 731.12
First leg settlement date January 16, 2026
Second leg settlement date January 16, 2029
Ajit Prasad
Press Release: 2025-2026/1909 Deputy General Manager
(Communications)