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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 (278 kb)
Date : Oct 11, 2018
Results of OMO purchase auction held on October 11, 2018 and Settlement on October 12, 2018

I. SUMMARY RESULTS

Aggregate Amount (Face value) notified by RBI : ₹ 120.00 billion
Total amount offered (Face value) by participants : ₹ 333.09 billion
Total amount accepted (Face value) by RBI : ₹ 120.00 billion

II. DETAILS OF EACH ISSUE

Security 8.27% GS 2020 8.15% GS 2022 7.35 % GS 2024 8.15 % GS 2026 7.61% GS 2030
No. of offers received 30 63 46 28 27
Total amount (face value) offered (in ₹ billion) 112.01 105.30 89.73 14.73 11.32
No. of offers accepted 19 35 25 3 14
Total amount (face value) accepted by RBI (in ₹ billion) 24.23 57.62 28.02 1.36 8.77
Cut off yield (%) 7.6382 7.8316 7.9156 8.0777 8.0964
Cut off price (₹) 100.95 100.98 97.43 100.41 96.38
Weighted average yield (%) 7.6578 7.8518 7.9326 8.0925 8.1061
Weighted average price (₹) 100.92 100.92 97.35 100.32 96.31
Partial allotment % of competitive offers at cut off price NA 56.87 NA NA NA

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/855


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