RBI to conduct Rs 25,000 cr OMO sale auction of government securities on Oct 13

What happened: The RBI will conduct an OMO sale auction of government securities worth Rs 25,000 crore on Oct 13, offering six securities with maturities from March 2030 to April 2034. Key numbers: Rs 25,000 crore auction on Oct 13. Securities: 7.88% GS 2030, 6.10% GS 2031, 7.95% GS 2032, 7.26% GS 2033, 7.18% GS 2033, 7.10% GS 2034. Stricter cash reserve ratio from Oct 16. Why it matters: The RBI aims to absorb the large banking system liquidity, following its first key policy rate hike in almost four years, which hints at possible future increases.

RBI's Rs 25,000 cr OMO sale auction signals liquidity tightening on Oct 13.

RBI's Rs 25,000 cr OMO sale auction signals liquidity tightening on Oct 13. — impact context not separately stored; see What changed.