Read more about RBI scoops up Rs 26,000-crore bonds anonymously in a single day on Business Standard. This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system
Mainland & Hong Kong See Profit-Driven Rotation forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Read more about PSUs are going big on bond markets even as G-Secs find few takers on Business Standard. RBI devolves over Rs 20,000 crore in Rs 31,000-crore bond auctions
RBI announces another Operation Twist’ The govt will borrow Rs 88,000 crore in the next 45 days and a collosal Rs 12 lakh crore in the next fiscal to help pump-prime an economy felled by the lockdown
The Reserve Bank of India (RBI) on Monday announced another “Operation Twist’’ or the simultaneous purchase and sale of government bonds worth Rs 10,000 crore each as it looks to tamp down on the benchmark 10-year paper to feed the Centre’s ravenous appetite for funds.
“On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of Government Securities under Open Market Operations (OMO) for an aggregate amount of Rs 10,000 crore each on February 25, 2021,’’ the apex bank said .