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As part of its programme to infuse liquidity, the Reserve Bank has bought bonds worth Rs 9,857.42 crore through open market operations (OMO) against a target of Rs 10,000 crore.
Four securities were on offer for OMO conducted yesterday and RBI subscribed to all of them, the central bank said in a statement.
While government securities (G—Sec) maturing in 2017 with a coupon rate of 8.07 per cent garnered Rs 1,525 crore, the 9.15 per cent G—Secs maturing in 2024 garnered Rs over 3,951.35 crore.
Furthermore, 8.28 per cent G—Secs maturing in 2027 mopped up Rs 2,897.55 crore and 8.97 per cent G—Secs maturing in 2030 garnered 1,483.51 crore.
With this, the central bank has infused nearly Rs 92,000 crore into the financial system in ten tranches in the last two months.
1 comments:
With this, the main economical institution has implanted nearly Rs 92,000 crore into the economic climate in ten tranches in the last two several weeks.
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