 "Reserve Bank of India focuses on the 10-year bonds in G-SAP again")
The Reserve Bank of India (RBI) mopped up a record Rs 26,779 crore of the 10-year bond in its pre-announced secondary market operation, which, adding to its existing stock, makes the central bank the single biggest holder of the benchmark.
The RBI conducted the final tranche of its G-Sec acquisition programme (G-SAP) for the first quarter, in which it bought Rs 30,000 crore of central government bonds and Rs 10,000 crore of state development loans.
With this, the RBI concluded the first quarter G-SAP and for the next quarter, it has plans to buy Rs 1.2 trillion of
The RBI conducted the final tranche of its G-Sec acquisition programme (G-SAP) for the first quarter, in which it bought Rs 30,000 crore of central government bonds and Rs 10,000 crore of state development loans.
With this, the RBI concluded the first quarter G-SAP and for the next quarter, it has plans to buy Rs 1.2 trillion of
