Omo Purchase

Tight liquidity: Open-market operation not on the discussion table

The banking system liquidity widened to a near 5-year high on November 21 on the back of monthly goods and services tax payments

Monetary policy review: We use one stone to kill one bird, says RBI

There are several moving parts in the whole liquidity scenario. We will watch the evolving trends and notify as and when necessary: Das

Monetary policy review: RBI keeps OMO sword hanging on bond market

The central bank has not given any timeline for OMO sales and said it would depend on the ongoing liquidity situation

Nudged by markets, RBI accepts yields at near-market level in OMO

Since August, the central bank has tried to keep the 10-year yields below 6 per cent.

RBI to continue OMO purchase auctions of Rs 20,000 cr to assure liquidity

It is also conducting OMO purchase auctions in SDLs

RBI to conduct second OMO purchase of State Development Loans next month

The Reserve Bank of India will conduct the second Open Market Operations (OMOs) purchase of State Developments Loans (SDLs), aggregating Rs 10,000 crore, on November 5, 2020. The RBI had conducted the first-ever auction under OMOs in SDLs on October 22, 2020. The response was positive, with securities offered for each state being subscribed to, and at yield spreads over central government securities of equivalent maturity at levels which would foster supportive financing conditions for new primary issuances of SDLs, the RBI said in a statement on Thursday. "Therefore, it has been decided to conduct another purchase auction of SDLs under Open Market Operations (OMOs) for an aggregate amount of Rs 10,000 crore on November 05, 2020," it said. The central bank had decided to conduct OMOs in SDLs as a "special case" during the current financial year with an aim to improve liquidity and facilitate efficient pricing. At present, SDLs are eligible collateral for Liquidity Adjustment Facil

RBI move to conduct OMO on state development loans could be a game changer

By facilitating the OMOs, the central bank is assuming a much bigger role than earlier. Some have started comparing the RBI with European Central Bank

Centre keeps borrowing programme unaltered at Rs 4.34 trillion in H2

To borrow Rs 4.34 trillion in 16 weekly tranches till Jan-end for the second half of the financial year

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

Indian bond yields fall to over one-week low after special OMO announcement

Seven Indian states are due to sell at least Rs 90 billion worth of debt later in the day with a greenshoe option to retain an additional 30 Rs billion

Bond market dealers watch out for RBI's unannounced purchases

It is hard to say if the OMOs are being done to soften yields, or to fill up the central bank's stock of bonds, but yields did not move up sharply in auctions

Reserve Bank makes $21-billion cut to US treasury holdings in March

Central bank does huge OMO silently to control domestic bond yields

Bond yields expected to jump 15-20 bps on govt's extra borrowing

The excess borrowing will, however, ease the pressure on the RBI's liquidity operation as banks will absorb the excess G-Secs

Covid-19: RBI advances purchase of govt bonds to March 26 from March 30

The first tranche of OMO purchase auction worth Rs 15,000 crore will be conducted on March 24

RBI announces Rs 400 billion worth of OMO purchases in December

The last lot of G-Secs for this month will be purchased by the RBI on November 29, under its Open Market Operations, for an aggregate amount of Rs 100 billion