The Reserve Bank will conduct open market purchase of government securities of Rs 25,000 crore on August 26, under the G-sec Acquisition Programme (G-SAP 2.0).
RBI on Thursday said the next purchase of government securities for an aggregate amount of Rs 20,000 crore under the G-sec Acquisition Programme (G-SAP 2.0) will be conducted on July 22
Direct retail investment facility should lead to better secondary market liquidity in gilts
Keep bulk of your portfolio in low-risk funds; chase returns in residual portion if you have the capacity
This gives credence to the theory that the central bank may not want to issue a fresh set of 10-year paper in a hurry and would rather continue with the existing security
The RBI mopped up a record Rs 26,779 cr of the 10-year bond in pre-announced secondary market operation
The new rules will come into effect from June 14, said the Central bank in an official statement
Repo rate stays at 4%, stance accommodative; Central bank to buy Rs 1.2 trillion of bonds in Q2
The move impacted the sentiment a little bit and the 10-year bond yields rose 3 basis points from their previous close of 5.99 per cent
Expects minimum Rs 1 trn of G-SAP in 2nd quarter, sees it rising to Rs 1.25 trn to keep yields soft
The central bank has been buying bonds both directly, and anonymously, from the market in order to keep the bond yields low
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
The EPFO is larger than four of the largest mutual funds put together, yet it has opaque accounting practices with no portfolio disclosure even at year-end
The central bank said it will conduct simultaneous purchase and sale of government securities for Rs 10,000 crore each under Open Market Operations
The decision was taken after a review of current liquidity and financial conditions, RBI said in a statement
The Reserve Bank on Wednesday announced open market operations for sale as well as purchase of government securities for Rs 15,000 crore each.
There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields
Holding instrument till maturity could help in tackling volatility
HNI participation may be gradual; mutual funds see little impact on fund flows
Normally, the market eats out of the RBI Governor's hands but the size of the govt borrowing is killing its risk appetite