RBI brings back bond swapping program ‘Operation Twist’1 min read 23 Apr 2020, 01:01 PM IST
RBI to conduct purchase and sale of government securities under open market operations for Rs10,000 crore each on 27 April
The central bank to purchase long-dated securities with tenor between 6-10 years
The Reserve bank of India on Thursday decided to bring back its bond swapping programmed billed as India’s Operation Twist with an aim to help monetary transmission.
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