Money & Banking

RBI sets up G-SAP for orderly G-Sec market

Our Bureau Mumbai | Updated on April 07, 2021

In Q1, RBI to conduct G-SAP aggregating ₹1-lakh crore

 

The Reserve Bank of India (RBI) has decided to put in place a secondary market Government Security Acquisition Programme (G-SAP) 1.0 for orderly evolution of the yield curve amid comfortable liquidity.

In the first quarter, the central bank will be conducting G-SAP aggregating ₹1-lakh crore, Governor Shaktikanta Das said.

The first auction under G-SAP aggregating ₹25,000 crore will be conducted on April 15, 2021.

Published on April 07, 2021

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