RBI G-SAP a mishap for bond bears; How RBI’s Rs 1 lakh cr tool helps prevent yields sag: EXPLAINED

RBI G-SAP a mishap for bond bears; How RBI’s Rs 1 lakh cr tool helps prevent yields sag: EXPLAINED

The RBI also clarified that the G-SAP will run alongside other instruments of the RBI, ie, longer-term repo/reverse repo auctions, forex operations, operation twist, and other OMOs (open market operations).
Check the source here –Source, Financial Express.

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