Page 7 - Open Market Operations

RBI buys and sells bonds worth Rs 10,000 cr in third open market operation

Long-term bond yields have come down by 20 bps since first OMO last month

RBI buys three long-term securities worth Rs 10,000 crore in third OMO

Offers to purchase three securities, including 10-year benchmark govt bond

RBI to conduct OMO to buy, sell govt bonds of Rs 10,000 cr each on Jan 6

RBI said it reserves the right to decide on the quantum of purchase/sale of individual securities; accept bids/offers for less than the aggregate amount

Rupee closes 2019 at 71.38 against dollar, 10-year bond yields end at 6.56%

The 10-year bond yields closed the year at 6.555 per cent, from its January 1 level of 7.418 per cent. Bond prices rise, yields fall.

10-year bond yields rise on RBI's special open market operations

Interestingly, instead of the 10-year bond yields coming down, it increased about 5 basis points to close at 6.55% after the OMO

Year in Review: In uncertain times, 2019 an eventful year for bonds, rupee

The rupee started at 69.44 a dollar, and on December 27, closed at 71.32 a dollar.

RBI buys Rs 10,000 cr worth long-term govt securities in second special OMO

The RBI had announced to purchase and sell simultaneously government securities under Open Market Operations (OMO) for Rs 10,000 crore each, last week

RBI to again conduct special open-market operation on December 30

Analysts expect the central bank to cut repo even further

RBI to buy, sell g-secs of Rs 10,000 cr each via special open market ops

Earlier this week, the central bank had conducted a similar open market operations (OMO) and purchased securities worth Rs 10,000 crore and sold worth Rs 6,825 crore

RBI conducts first simultaneous OMO, buys more bonds than it sells

The central bank had planned to buy up to Rs 10,000 crore of 10-year bonds and sell up to Rs 10,000 crore of four short-term bonds

Syndicate Bank, SBI add up to 6% as RBI to buy and sell bonds via OMOs

With this, analysts believe, the RBI intends to lower yields on long-term bonds, and keep the liquidity at the system level intact. The move will allow the government to borrow at lower cost.

RBI to buy and sell bonds worth Rs 10,000 cr via open market on Dec 23

Move signals lower bond yield at the long end

RBI to conduct open market operations to infuse liquidity of Rs 100 billion

The purchase will happen through multi-security auction using the multiple price method