It
has been decided to enable any institutional entity regulated by the RBI, SEBI,
IRDAI, PFRDA and NHB to trade in interest rate swaps (IRS) on electronic
trading platforms.
Reserve Bank of India, hereby specifies the Clearing
Corporation of India Ltd (CCIL) as an approved counterparty for IRS
transactions undertaken on electronic trading platforms where CCIL is the
central counterparty.
Based on RBI circular dt 5/5/2016. For
any further query in this regard please visit www.rbi.org.in
……… Poppy
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