RBI to buy up to Rs 10,000 crore of three gilts via OMO next week

The Reserve Bank of India said it will buy up to 100 bln rupees of three government bonds through open market operations next week on Thursday. The securities that the central bank has offered to purchase are the 6.18%, 2024 bond, the 6.79%, 2027 bond, and the 5.77%, 2030 bond. The bonds maturing in 2024 and 2027 have outstanding amounts of 1.02 trln rupees and 1.21 trln rupees, respectively.