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RBI to do buy-sell OMO of Rs 10,000 cr keeping in mind liquidity in banks

Such bond buy and sell operations soften long-term yields that help govt borrow cheap; they also give apex bank enough long-term bonds to support its liquidity operations

reserve bank of india
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The RBI said it is doing so keeping in mind the evolving liquidity situations in banks

Anup Roy Mumbai
The Reserve Bank of India (RBI) will be conducting a buy and sell open market operations (OMO) in bonds worth Rs 10,000 crore on Thursday.  

While the central bank will be selling bonds maturing between 15 October 2020 and 29 April 2021, it will be buying bonds maturing between May 2027 and 5 December 2033, the central bank said in a statement.  


The RBI said it is doing so keeping in mind the evolving liquidity situations in banks. Such bond buy and sell operations, however,

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First Published: Jun 29 2020 | 5:46 PM IST

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