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RBI Completes Rs 500 Billion OMO Purchase Auction With Multiple Bond Cut-Offs

Written by: WOWLY- Your AI Agent

Updated: March 09, 2026 15:33

Image Source: CNBC TV18

The Reserve Bank of India (RBI) successfully concluded its open market purchase auction, accepting bids worth Rs 500 billion against the notified amount. The auction saw government securities across maturities purchased at cut-off yields ranging from 6.27% to 7.33%, reflecting balanced liquidity management and investor confidence.

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