MUMBAI, Dec 18 (Reuters) - India's state-run oil refiners have net repayment liabilities of less than $7 billion for their swap arrangements with the central bank, Governor Raghuram Rajan said on Wednesday in a conference call with research analysts.
He said the total amount of oil swap agreements the RBI entered into with refiners to provide them with dollars was under $12 billion since their introduction on Aug. 28.
Separately, RBI Deputy Governor H.R. Khan said the government's 500 billion rupees ($8 billion) debt switch to increase its maturity profile of bonds would not be disruptive to the markets and may be with insurance companies, which typically buy longer-tenor bonds.
($1 = 61.9700 Indian rupees)
(Reporting by Subhadip Sircar; Editing by Prateek Chatterjee) Keywords: INDIA CBANK/OIL SWAPS
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