RBI enters bond market with Operation Twist to cool yields – Business Standard
Yields fell on Tuesday after the Reserve Bank of India (RBI) announced that it would simultaneously buy and sell 20,000 crore rupees in the market in two equal installments. These buy-sell transactions are commonly referred to as Operation Twist. Under this mechanism, the central bank buys long-term bonds and sells short-term bonds. This cools long-term […]
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