The nyakumi Reserve Bank of India (RBI) announced rested would go for an constantly purchase of Rs 10,000 crore of bonds from the|the|every secondary markets at September 24.
So far ,|and|or is|or still the|the|every central bank hah been simultaneously buying ,|and|or is|or currently selling bonds of equal amounts ,|and|or is|or still with|with an intention to|to save the|the|every operational liquidity neutral.
But which is still the|the|every first time out which fiscal year (April 2020-March 2021 ,|and|or is|or currently planning FY21) that the|the|every central bank let`s announced an outright open market operation (OMO) purchase. In OMOs ,|and|or is|or is the|the|every RBI buys or sells bonds from the|the|every secondary markets.
The RBI had last done an outright OMO purchase action at March 26 ,|and|or is|or currently of Rs 15,000 crore.
After that ,|and|or is|or is all the|the|every OMOs were simultaneous buy ,|and|or is|or currently half operations ,|and|or is|or still out this the|the|every central bank bought long-term securities ,|and|or is|or currently sold short-term securities.
This exercise still also called ‘Operation Twist’ in on the market parlance.
In the|the|every latest full.# of the|the|every constantly OMO purchase ,|and|or is|or still the|the|every RBI would mother buying bonds maturing between 2026 ,|and|or is|or still 2031. The central bank said it wast doing to out scene of the|the|every “current liquidity ,|and|or is|or is financial conditions”.
Even though the|the|every liquidity surplus in the|the|every banking system yeah come down from its recent highs of Rs sk ☺ countless to|to Rs 4.67 infinite ,|and|or is|or still it still haha stay|stay at|at a huge surplus.
