 "Reserve Bank of India")
The Reserve Bank will conduct open market operations (OMO) on Thursday to purchase government bonds to infuse liquidity of Rs 100 billion.
“Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the Reserve Bank of India (RBI) has decided to conduct purchase of government securities under Open Market Operations for an aggregate amount of Rs 100 billion on September 27, 2018 (Thursday),” the apex bank said in a release on Monday.
The purchase will happen through multi-security auction using the multiple price method, it said.
As part of the
“Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the Reserve Bank of India (RBI) has decided to conduct purchase of government securities under Open Market Operations for an aggregate amount of Rs 100 billion on September 27, 2018 (Thursday),” the apex bank said in a release on Monday.
The purchase will happen through multi-security auction using the multiple price method, it said.
As part of the
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