RBI to conduct simultaneous sale-purchase of govt securities next week
Business | February 15, 2021 20:39 ISTThe decision was taken after a review of current liquidity and financial conditions, the RBI said in a statement.
The decision was taken after a review of current liquidity and financial conditions, the RBI said in a statement.
The Reserve Bank of India (RBI) on Thursday announced it will conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for Rs 10,000 crore each on January 14.
In line with the Budget announcement, the Reserve Bank on Monday opened certain specified categories of government securities (g-secs) for non-resident investors as part of an initiative to deepen the bond market.
The Reserve Bank of India (RBI) on Monday said it has preponed the second tranche of purchase of Rs 15,000 crore of government securities under open market operations (OMOs) to March 26.
The Reserve Bank of India on Friday announced it would undertake additional purchase of government securities worth Rs 30,000 crore through open market operations (OMO) in a bid to increase liquidity and enhance confidence in the financial markets that remain under stress over COVID-19 related dislocations.
The simultaneous sale and purchase will be done under Open Market Operations (OMO) on next Thursday. "On a review of the current liquidity and market situation and an assessment of the evolving financial conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for Rs 10,000 crores each on January 23, 2020," the central bank said.
Mumbai: The Reserve Bank of India (RBI) has said that it will conduct open market operations (OMOs) on Monday to sell government securities worth Rs 10,000 crore."The Reserve Bank has decided to conduct sale of
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