The RBI has decided to conduct the sale of government securities under Open Market Operations for an aggregate amount of Rs 100 billion on September 28, 2017.
The Reserve Bank said it would sell government bonds worth Rs 10,000 crore through Open Market Operations (OMO) to mop up liquidity from the system.
"Based on the current assessment of prevailing and evolving liquidity conditions, the RBI has decided to conduct the sale of government securities under Open Market Operations for an aggregate amount of Rs 100 billion on September 28, 2017, through multi-security auction using the multiple price method," the central bank said in a statement.
RBI To Sell Rs 10,000 cr Govt Bonds
As part of the OMO, the RBI will sell government securities maturing in 2019 (bearing interest rate of 7.28 per cent), 2020 (8.12 per cent), 2022 (8.15 per cent), 2025 (8.20 per cent) and 2028 (8.60 per cent). Ten Banks That Have Slashed Interest Rates On Savings Bank Accounts
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google