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Detailed explanation-1: -This will exceed the ₹3 trillion the RBI is expected to spend for the current year ending March, the Bloomberg report added. “The announcement of the OMO by the RBI should be interpreted more as a measure to assuage market sentiment and keep yields stable, given the higher borrowing on the part of the government.

Detailed explanation-2: -The Government of India issues securities to raise capital for development projects. These securities are called government securities or G-secs, issued by RBI. The RBI manages the public debt of the Indian government. G-secs are issued in three forms: treasury bills, dated securities and bonds.

Detailed explanation-3: -One of the Quantitative Tools: OMO is one of the quantitative tools that RBI uses to smoothen the liquidity conditions through the year and minimise its impact on the interest rate and inflation rate levels.

Detailed explanation-4: -The g-sec market is dominated by institutional investors such as banks, mutual funds, and insurance companies. These entities trade in lot sizes of Rs 5 crore or more.

Detailed explanation-5: -Government securities in the form of GPN, bearer bond, stock and BLA are issued by RBI, while the Agency Banks are presently eligible to issue Relief/Savings Bonds in the form of BLA only.