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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 (101 kb)
Date : Sep 19, 2018
Results of OMO purchase auction held on September 19, 2018 and Settlement on September 21, 2018

I. SUMMARY RESULTS

Aggregate Amount (Face value) notified by RBI : ₹ 100.00 billion
Total amount offered (Face value) by participants : ₹ 393.25 billion
Total amount accepted (Face value) by RBI : ₹ 100.00 billion

II. DETAILS OF EACH ISSUE

Security 8.12% GS 2020 6.84% GS 2022 6.79% GS 2027 8.97% GS 2030 8.30% GS 2042
No. of offers received 36 117 40 18 24
Total amount (face value) offered (₹ in billion) 89.03 153.43 108.91 17.36 24.52
No. of offers accepted 20 64 19 4 7
Total amount (face value) accepted by RBI (₹ in billion) 24.97 63.19 9.96 1.28 0.60
Cut off yield (%) 7.9501 8.0746 8.1604 8.2693 8.3009
Cut off price (₹) 100.32 95.62 91.60 105.30 99.97
Weighted average yield (%) 7.9670 8.0939 8.1864 8.2707 8.3100
Weighted average price (₹) 100.29 95.55 91.45 105.29 99.88
Partial allotment % of competitive offers at cut off price NIL 37.21% NIL NIL NIL

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/659


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