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Bond market expects massive OMO to help govt meet Rs 12 trn borrowing goal

So far this fiscal, RBI has bought about Rs 1.14 trn of bonds from the secondary market, most of them unannounced

Topics
OMO Purchase | Bond markets | Reserve Bank of India

Anup Roy  |  Mumbai 

Illustration: Ajay Mohanty
So far this fiscal, the government has raised Rs 5.84 trillion in bonds from the market | Illustration: Ajay Mohanty

The bond market is expecting substantial amount of secondary market bond purchases by the (RBI) to cool down yields and enable the government to sail through the record Rs 12 trillion borrowing programme.

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First Published: Sun, August 16 2020. 17:02 IST
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