RBI to buy and sell Rs 10,000 cr market bonds simultaneously under OMO
This is the first such 'Operation Twist' this fiscal in which RBI will buy long-term bonds and sell-short term bonds maturing this year
Reserve Bank of India | Bonds | bond market
BS Reporter |
Last Updated at April 29, 2021 19:51 IST
The Reserve Bank of India
(RBI) on Thursday said it will be simultaneously buying and selling Rs 10,000 crore of secondary market bonds
under its special open market operations programme.
This is the first such 'Operation Twist' this fiscal in which the RBI will purchase long-term bonds
and sell-short term bonds
maturing this year.
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First Published: Thu, April 29 2021. 19:49 IST