© financialexpress.comRBI to conduct simultaneous sale-purchase of govt securities on Jan 7
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The decision was taken after a review of current liquidity and financial conditions, the Reserve Bank said in a statement.The RBI on Thursday announced it will conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for Rs 10,000 crore each on January 7, 2021
The decision was taken after a review of current liquidity and financial conditions, the Reserve Bank said in a statement.
Simultaneous purchase and sale of G-sec under OMOs, popularly known as Operation Twist, involves purchasing the securities of longer maturities and selling an equal value of securities of shorter maturities.