RBI Completes ₹500 Billion OMO Purchase Auction with Defined Cut-Off Yields

The Reserve Bank of India (RBI) successfully conducted an open market purchase auction, accepting bids worth ₹500 billion, in line with the notified amount. Cut-off yields were set at 6.7613% for the 6.67% 2035 bond, 6.0592% for the 7.10% 2029 bond, and 7.3733% for the 7.09% 2054 bond.

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