RBI proposes to buy State Bonds on 22nd Oct 2020

RBI proposes to buy State Bonds on 22nd Oct 2020

BE/RBINEWS/58/2020

RBI proposes to buy Rs.10,000 crore of bonds issued by more than a dozen state Governments on October 22 which is the first such move.  The move is aimed at holding down borrowing costs in the economy.

Here is an article to highlight the same

Article on RBI Buying State Bonds
**Economic Times dt 17th Oct 2020
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Author: Admin Bankedge

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