Bonds Auction

RBI will buy government securities through a multi-security auction and under the multiple price method.

The change in methodology was notified by RBI on July 2, which means that in place of the multiple price method, it will use uniform pricing method.

Only two-fifths of the sovereign notes put up for sale have been bought by investors. The rest of the auctions were partially cancelled or devolved on primary dealers.

The Reserve Bank of India on Tuesday announced sale and purchase of G-Secs or government securities worth Rs 20,000 crore. In a statement, the RBI said it decided to conduct open market operation (OMO) in two tranches of Rs 10,000 crore each, after reviewing the "current and evolving liquidity and market conditions". The move comes days after minut...

Yields on 10-year bonds have climbed nearly 50 basis points, to around 6.44 per cent, since late March.

The government on Tuesday said it will sell Rs 4.88 lakh crore ($64.5 billion) of bonds in the six months to September. While the number is less than what the market expected, the auctions may get fewer bids as the crackdown to stop the spread of the coronavirus forces traders and bankers to stay indoors.

RBI said the auctions would be conducted during the second, third and fourth week of October.

The 10-year government bond yield rose to 7.75 percent from 7.74 percent before the auction result was announced.

At Thursday's auction RBI was only able to sell about 430 million rupees out of the 30 billion on offer into the market.

MSS bonds are issued with the objective of providing the central bank with a stock of securities with which it can intervene in the market for managing liquidity.

MSS bonds are issued with the objective of providing the central bank with a stock of securities with which it can intervene in the market for managing liquidity.

The central bank is making oil bonds eligible for the liquidity auctions, adding that there will be no margin requirement on reverse repo auctions where the central bank has to give securities against surplus money deposited by banks.

The notified amount for the auction by the 19 states was Rs 25,190 crore, but Andhra Pradesh, Tamil Nadu and Uttar Pradesh retained an additional Rs 300 crore, Rs 500 crore and Rs 400 crore, respectively.

India Ratings said the auction will alleviate some pressure on demand-supply dynamics in the debt market.

The auction was conducted on BSE's 'ebidxchange' platform during 3:30 p.m.-5:30 p.m., after the close of market hours.

RBI will buy government securities through a multi-security auction and under the multiple price method.

The change in methodology was notified by RBI on July 2, which means that in place of the multiple price method, it will use uniform pricing method.

Only two-fifths of the sovereign notes put up for sale have been bought by investors. The rest of the auctions were partially cancelled or devolved on primary dealers.

The Reserve Bank of India on Tuesday announced sale and purchase of G-Secs or government securities worth Rs 20,000 crore. In a statement, the RBI said it decided to conduct open market operation (OMO) in two tranches of Rs 10,000 crore each, after reviewing the "current and evolving liquidity and market conditions". The move comes days after minut...

Yields on 10-year bonds have climbed nearly 50 basis points, to around 6.44 per cent, since late March.

The government on Tuesday said it will sell Rs 4.88 lakh crore ($64.5 billion) of bonds in the six months to September. While the number is less than what the market expected, the auctions may get fewer bids as the crackdown to stop the spread of the coronavirus forces traders and bankers to stay indoors.

RBI said the auctions would be conducted during the second, third and fourth week of October.

The 10-year government bond yield rose to 7.75 percent from 7.74 percent before the auction result was announced.

At Thursday's auction RBI was only able to sell about 430 million rupees out of the 30 billion on offer into the market.

MSS bonds are issued with the objective of providing the central bank with a stock of securities with which it can intervene in the market for managing liquidity.

MSS bonds are issued with the objective of providing the central bank with a stock of securities with which it can intervene in the market for managing liquidity.

The central bank is making oil bonds eligible for the liquidity auctions, adding that there will be no margin requirement on reverse repo auctions where the central bank has to give securities against surplus money deposited by banks.

The notified amount for the auction by the 19 states was Rs 25,190 crore, but Andhra Pradesh, Tamil Nadu and Uttar Pradesh retained an additional Rs 300 crore, Rs 500 crore and Rs 400 crore, respectively.

India Ratings said the auction will alleviate some pressure on demand-supply dynamics in the debt market.

The auction was conducted on BSE's 'ebidxchange' platform during 3:30 p.m.-5:30 p.m., after the close of market hours.