RBI Allots ₹20,100 Crore in State Securities Auction
RBI said the August 25 auction of State Government Securities received competitive bids worth ₹53,804.500 crore for ₹20,100 crore notified.
RBI said the August 25 auction of State Government Securities received competitive bids worth ₹53,804.500 crore for ₹20,100 crore notified.
The RBI’s August 24 release showed net liquidity absorption of ₹3,40,120.94 crore, with SDF use higher than MSF in today’s operations.
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The RBI said the auction will be held on August 28, with settlement on August 31 and an option to retain ₹2,000 crore more.
The RBI’s August 24 release reported zero money market volume and net liquidity absorption of ₹3,42,424.94 crore.
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