"On an assessment of current and evolving liquidity conditions, Reserve Bank has decided to conduct sale of government securities under Open Market Operations for an aggregate amount of Rs 12,000 crore on December 1 through multi-security auction using the multiple price method," the central bank said in a statement.
The central bank would decide on the quantum of sales of individual securities, it said.
RBI would have option to accept bids for less than the aggregate amount of Rs 12,000 crore.
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