RBI scoops up Rs 26,000-crore bonds anonymously in a single day

The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced open market operations (OMOs), showed the data released by the central bank on Friday. This shows that contrary to what the bond market says, the RBI is pumping in enough liquidity in the system. The week had heavy borrowing pressure, as there were two auctions to be conducted. On February 11, the RBI sold Rs 26,000 crore of bonds in a special auction of five and 10-year bonds. On February 12, the .....

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