Unique transaction ID to be must for OTC derivatives deals: RBI
The Economic Times·2026-02-19 00:21
This is expected to improve traceability, aggregation and systemic risk monitoring of OTC transactions include FX derivatives, FX derivatives include FX forwards, FX swaps - are used for hedging currency exchange rates. Rupee interest rate derivatives include overnight index swaps, MIBOR-linked swaps used for managing duration and repricing risks in bonds. The RBI had issued a draft on UTI in October 2025. Until now, while OTC derivative transactions were mandatorily reported to the trade repository ope ...