Press Esc to close
Thursday 02 October 2014
News updated at 3:43 AM IST
Weather
Max: 29.9°C
Min : 20.7°C
In Bangalore
Sunny day

RBI to infuse Rs 8,000 cr via OMO to ease market liquidity

Mumbai, August 26, 2013, PTI:
File photo.

The Reserve Bank of India will conduct open market operations (OMO) to purchase government bonds worth Rs 8,000 crore on August 30 to ease liquidity in the market.

"Based on the current assessment of prevailing and evolving market conditions, the Reserve Bank has decided to conduct open market operations by purchasing...government securities for an aggregate amount of Rs 8,000 crore on August 30," it said in a statement on Monday.

The RBI will buy government securities maturing in 2025 (bearing interest rate of 8.2 per cent), 2026 (8.33 per cent), 2032 (8.32 per cent) and 2042 (8.3 per cent).
OMOs are conducted by the RBI by way of sale/purchase of government securities to/from the market with the objective of adjusting rupee liquidity conditions in the market on a durable basis.


Go to Top

Photo Gallery
Nokia India Sales Marketing Director Raghuvesh Swarup launches the new Nokia Lumia ...

Nokia India Sales Marketing Director Raghuvesh Swarup launches the new Nokia Lumia ...

India's Mary Kom is lifted by her coach after she won the gold in women's flyweight boxing ...

India's Mary Kom is lifted by her coach after she won the gold in women's flyweight boxing ...

Bollywood actress Sushmita Sen attends the Durga Puja celebrations in Mumbai ...

Bollywood actress Sushmita Sen attends the Durga Puja celebrations in Mumbai ...

A huge statue of Mahatma Gandhi in Bengaluru a day before its inauguration ...

A huge statue of Mahatma Gandhi in Bengaluru a day before its inauguration ...

Silver medal winner India's Tintu Luka poses at the podium during the medal ceremony ...

Silver medal winner India's Tintu Luka poses at the podium during the medal ceremony ...

Boxer Mary Kom kisses shares a moment with her kid after winning the gold medal ...

Boxer Mary Kom kisses shares a moment with her kid after winning the gold medal ...

Damaged coaches after Krishak Express and Barauni Express collided near Gorakhpur ...

Damaged coaches after Krishak Express and Barauni Express collided near Gorakhpur ...

India's boxer Sarita cries at the podium after refusing to accept the bronze medal ...

India's boxer Sarita cries at the podium after refusing to accept the bronze medal ...

People look at the damaged coaches after Krishak Express and Barauni Express collided ...

People look at the damaged coaches after Krishak Express and Barauni Express collided ...

Indian tennis legend and global ambassador of the sport, Vijay Amritraj addressing during ...

Indian tennis legend and global ambassador of the sport, Vijay Amritraj addressing during ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523