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‘Operation Twist’

20 Dec, 2019

The Reserve Bank of India will conduct a simultaneous sale and purchase of bonds, it said on Thursday, in a move seen by market participants as an attempt to bring longer-term yields lower. It is the first time RBI would be conducting a special OMO of this kind, similar to the ‘Operation Twist’ carried out in the US near the start of the decade.
Source: Economic Times