Business Standard

Tuesday, December 24, 2024 | 09:56 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Liquidity mop-up from secondary market resumes amid rising bond yields

According to latest data, the RBI has conducted open market operations in the last week of April and in the first week of May

RBI ( Bloomberg)
Premium

RBI ( Photo: Bloomberg)

Manojit Saha Mumbai
Amid rising bond yields and expectation of liquidity infusion measures by the market participants, the Reserve Bank of India (RBI) has started absorbing liquidity from the secondary market, albeit in small amounts.

According to latest data, the RBI has conducted open market operations in the last week of April and in the first week of May. In April, it sold bonds worth Rs 870 crore while during the first week of May it sold Rs 1,700 crore to suck out liquidity. The liquidity absorption from the secondary market through open market operations resumed after a gap – since January.

The central bank,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in