Based on an assessment of the durable liquidity needs going forward, RBI has decided to conduct purchase of Government securities under Open Market Operations (OMOs) for an aggregate amount of ₹400 billion in the month of November 2018.

The auction dates and the Government securities to be purchased in the respective auctions would be communicated in due course. The OMO amount stated above is indicative and RBI retains the flexibility to change it, depending on the evolving liquidity and market conditions.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/980