Watch Our Live Call Update: Capitalstars| RBI to sell govt bonds through OMO:- 23 Sep, 2017

Saturday 23 September 2017

Capitalstars| RBI to sell govt bonds through OMO:- 23 Sep, 2017



The Reserve Bank said it would sell government bonds worth Rs 100 billion through Open Market Operations (OMO) on Thursday.

The Reserve Bank said it would sell government bonds worth Rs 100 billion through Open Market Operations (OMO) on Thursday, September 28, 2017 through multi-security auction using the multiple price method.

“Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank 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 (Thursday) through multi-security auction using the multiple price method,” RBI said in a release.

The securities offered for sale include part of the OMO, the RBI will sell government securities maturing in 2019 (bearing interest rate of 7.28%), 2020 (8.12%), 2022 (8.15%), 2025 (8.20%) and 2028 (8.60%). There is an overall aggregate ceiling of Rs 100 billion for all the securities in the basket put together. There is no security-wise notified amount.

Open market operations (OMO) refers to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system, facilitated by the central bank of a country.

CapitalStars is trusted for providing advice pertaining to the needs of investors and their financial situation.It has a strong grip on Indian Stock Market as well as Commodity Market. They provide expert technical analysis and information of stocks.On the other hand, our Company advises the investors to invest their money in the right direction which can provide them great value for their money.


Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647A

1 comment:

  1. Hii thanks for very useful information. Keep up the good work.
    For MCX live Prices updates visit
    MCX Prices

    ReplyDelete