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India cbank to buy up to 80 bln rupees of bonds on Jan 4

Source : REUTERS
Last Updated: Mon, Dec 31, 2012 13:30 hrs

MUMBAI, Dec 31 (Reuters) - The Reserve Bank of India will buy up to 80 billion rupees of bonds via open market operations on Jan. 4, it said in a statement on Monday.

The central bank will buy the 8.08 percent 2022 bonds, the 8.20 percent 2025 bonds and the 8.26 percent 2027 bonds, it said. (Reporting by Shamik Paul; Editing by Sunil Nair)


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