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MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF document (161 kb)
Date : Oct 12, 2017
Results of OMO sale auction held on October 12, 2017 and Settlement on October 13, 2017

I. Summary Results

Aggregate Amount (Face value) notified by RBI : ₹ 100.00 billion
Total amount bid (Face value) by participants : ₹ 408.86 billion
Total amount accepted (Face value) by RBI : ₹ 100.00 billion

II. Details of Each Issue

Security 6.90% GS 2019 7.80% GS 2021 8.08% GS 2022 7.35% GS 2024 7.88% GS 2030
No. of bids received 27 39 84 93 51
Total bid amount (face value) (₹ in billion) 66.00 38.95 141.68 98.05 64.18
No. of bids accepted 1 7 16 30 Nil
Total bid amount (face value) accepted by RBI (₹ in billion) 2.50 15.25 40.63 41.62 Nil
Cut off yield (%) 6.3525 6.5715 6.7867 6.9102 NA
Cut off price (₹) 100.88 103.78 105.21 102.31 NA
Weighted average yield (%) 6.3525 6.5672 6.7819 6.9037 NA
Weighted average price (₹) 100.88 103.79 105.23 102.34 NA
Partial allotment % of competitive bids at cut off price NA NA NA 69.04 NA

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1016


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