RBI Announces Special Open Market Operations For Rs 10000 Crore

On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of Government securities under Open Market Operations (OMO) for an aggregate amount of Rs 10,000 crore each on March 25, 2021. The Reserve Bank will purchase the securities using the multiple price auction method. These include 5.15% GS 2025, 5.85% GS 2030 and 6.22% GS 2035. Reserve Bank will sell the securities 8.35% GS 2022 and 8.15% GS 2022.

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