RBI vide press release dated January 07, 2021 has Announced Special Open Market Operations (OMO) Simultaneous Purchase and Sale of Government of India Securities for an aggregate amount of ₹10,000 crores each on January 14, 2021.
The Reserve Bank reserves the right to:
- decide on the quantum of purchase/sale of individual securities.
- accept bids/offers for less than the aggregate amount.
- purchase/sell marginally higher/lower than the aggregate amount due to rounding-off.
- accept or reject any or all the bid/offers either wholly or partially without assigning any reasons.
