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Repo bond sale today

The funds have to be deployed in investment grade bonds, commercial paper and non-convertible debentures of NBFCs
The first auction under TLTRO 2.0 will be for an amount of Rs 25,000 crore. Banks can mobilise funds at the policy repo rate for tenors up to three years.
The first auction under TLTRO 2.0 will be for an amount of Rs 25,000 crore. Banks can mobilise funds at the policy repo rate for tenors up to three years.
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Our Special Correspondent   |   Mumbai   |   Published 22.04.20, 11:15 PM

Banks appetite for bonds of non-banking finance companies (NBFCs) will be seen on Thursday as the RBI will open a new borrowing window called the targeted long-term repo operations (TLTRO 2.0).

The first auction under TLTRO 2.0 will be for an amount of Rs 25,000 crore. 

Banks can mobilise funds at the policy repo rate for tenors up to three years.

The funds have to be deployed in investment grade bonds, commercial paper and non-convertible debentures of NBFCs. 



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