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You are here: Home»Business»Banking & Finance»Reserve Bank of India to buy 120bn rupees of bonds in open market

rbi-------MUMBAI: Reserve Bank of India will buy 120 billion rupees ($2.2 billion) of federal government bonds on Dec. 4 through open market operations (OMO), it said in a release on Thursday.

 

The Reserve Bank of India will buy 8.24 percent 2018 bonds, 8.19 percent 2020 bonds, 8.15 percent 2022 bonds and 8.28 percent 2027 bonds.

 

Copyright Reuters, 2012


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln