New Delhi, Jan. 5 -- : The Reserve Bank of India on Monday carried out an open market operation (OMO) purchase of government securities, signaling its continued focus on ensuring adequate liquidity in the financial system.
Under the operation, the central bank purchased government bonds with an aggregate notified amount of Rs 50,000 crore, covering a wide range of maturities.
The OMO purchase saw strong participation across securities maturing between 2029 and 2054, reflecting healthy demand from market participants.
The largest absorption was witnessed in the 7.40 per cent government security maturing in 2035, where the RBI accepted securities worth Rs 18,897 Cr. This was followed by the 7.41 per cent government security maturing in 203...