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,