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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 (266 kb)
Date : Feb 14, 2019
Results of OMO purchase auction held on February 14, 2019 and Settlement on February 15, 2019

I. SUMMARY RESULTS

Aggregate Amount (Face value) notified by RBI : ₹ 125.00 billion
Total amount offered (Face value) by participants : ₹ 242.26 billion
Total amount accepted (Face value) by RBI : ₹ 125.00 billion

II. DETAILS OF EACH ISSUE

Security 7.94% GS 2021 8.83% GS 2023 8.60% GS 2028 6.79% GS 2029 8.32% GS 2032
No. of offers received 81 67 71 12 17
Total amount (face value) offered (in ₹ billion) 114.94 44.84 57.42 7.58 17.48
No. of offers accepted 49 35 28 NIL 9
Total amount (face value) accepted by RBI (in ₹ billion) 59.81 27.48 34.87 NA 2.84
Cut off yield (%) 6.6861 7.0852 7.5465 NA 7.6692
Cut off price (₹) 102.59 106.95 106.93 NA 105.40
Weighted average yield (%) 6.7479 7.0969 7.5598 NA 7.6771
Weighted average price (₹) 102.46 106.90 106.84 NA 105.33
Partial allotment % of competitive offers at cut off price NA 65.27 NA NA NA

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/1939


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