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RBI rejects all bids at first open market bond buy this year

Updated : September 25, 2020 12:14 PM IST

The RBI had planned to buy up to 100 billion rupees ($1.35 billion) worth of six-year to 11-year papers at an open market operation.
But despite receiving bids worth 664.73 billion rupees in total, it did not accept any of them.

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