"Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct purchase of Government securities under Open Market Operations (OMO) for an aggregate amount of 100 billion on January 20, 2016," RBI said in a release.
As part of the OMO, RBI will purchase government securities maturing in 2019 (bearing interest rate of 7.28 per cent), 2023 (8.83 per cent), 2025 (7.72 per cent) and 2030 (7.88 per cent).
Further, RBI said it may accept less than the aggregate amount of Rs 10,000 crore or may purchase marginally higher than the aggregate amount due to rounding off effects and other relevant factors.
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