Services

Portfolio Compression Services

On 11th September 2025, CCIL successfully carried out the 39th cycle of the Portfolio Compression exercise in the Interest Rate Swaps market for MIBOR Benchmark, aimed at reducing the overall notional outstandings and the number of outstanding contracts by identifying economically redundant trades for early termination. 32 large foreign, private and nationalized sector Banks and Primary Dealers participated in this exercise. Of the 30,855 trades between 32 members which were found to be eligible for being considered for compression, 27,622 trades were identified for early termination achieving a compression rate of 89.4%. 27,274 trades were terminated fully while 348 trades were partially terminated. The reduction in market-wide Notional Outstanding of Rs. 11,06,820.38 Crores was achieved through this portfolio compression exercise. The compression exercise included both trades cleared by CCIL and non-cleared trades.