Press Esc to close
Thursday 29 September 2016
News updated at 5:22 PM IST
Weather
Max: 29.4°C
Min : 21.6°C
In Bengaluru
Generally cloudy

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
Kane Williamson selects a suit length at a Garments shop in Kolkata on Wednesday...

Kane Williamson selects a suit length at a Garments shop in Kolkata on Wednesday...

Women practice Gujarati 'Garba' as they celebrate for the upcoming 'Navratri festival'...

Women practice Gujarati 'Garba' as they celebrate for the upcoming 'Navratri festival'...

A submerged temple after opening of Bargi dam gate at Gaurighat in Jabalpur on Wednesday...

A submerged temple after opening of Bargi dam gate at Gaurighat in Jabalpur on Wednesday...

Pranab Mukherjee  during a visit to Kedarnath Temple at Kedarnath in Uttarakhand on Wednesday....

Pranab Mukherjee during a visit to Kedarnath Temple at Kedarnath in Uttarakhand on Wednesday....

Bollywood actress Kangana Ranaut attends the GQ India Men of the Year Awards 2016...

Bollywood actress Kangana Ranaut attends the GQ India Men of the Year Awards 2016...

Ranveer Singh attends the GQ India Men of the Year Awards 2016, in Mumbai...

Ranveer Singh attends the GQ India Men of the Year Awards 2016, in Mumbai...

Prabhu Deva and actress Tamanna during a promotional event for their upcoming film Devi...

Prabhu Deva and actress Tamanna during a promotional event for their upcoming film Devi...

Actor Sushant Singh Rajput, Disha Patani and Kiara Advani talking to media person....

Actor Sushant Singh Rajput, Disha Patani and Kiara Advani talking to media person....

Sourav Ganguly and Indian cricket team coach Anil Kumble during a practice session...

Sourav Ganguly and Indian cricket team coach Anil Kumble during a practice session...

Ajay Devgn with his daughter Nysa during a campaign in Mumbai...

Ajay Devgn with his daughter Nysa during a campaign in Mumbai...

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