HiI was collaborating in TBILLs public sale for final couple of months.As we will bid from zerodha’s platform each Mon-Tue,however this week Sept sixteenth 2024 I don’t see any TBILL public sale within the platform ,so I checked RBIs web site about notification about this and this time they didn’t publish any public sale date for TBILLs so I’m assuming RBI isn’t placing out any TBILL for this week or am I unsuitable one thing else is the issue?
And if RBI isn’t placing out TBILLs this week is that this linked with Wednesday’s FED assembly about fee reduce,is RBI accomplished with absorbing liquidity from markets, and now they’re additionally going to chop charges and in coming future, we won’t get TBILLs as often we used to ?
Thanks
debjit:
I’m assuming RBI isn’t placing out any TBILL for this week or am I unsuitable one thing else is the issue?
sure, RBI points T-bills based mostly on govt spending wants. If there is no such thing as a want, RBI gained’t be issuing T-bills.Nothing else is unsuitable.
debjit:
and now they’re additionally going to chop charges and in coming future, we won’t get TBILLs as often we used to ?
There will be a number of causes for what RBI does. FED assembly will be considered one of them, or it can’t be one Different purpose may very well be 15 Sep is due date for 2ns installment for advance tax cost, so chances are high govt is flush with money for now, and don’t want more money from T-bill this week.Or one thing else, Actually no solution to predict.
However RBI not issuing T-bill 1 week, this isn’t a path breaking transfer, and occurs now and again. No have to extrapolate this.RBI will proceed to concern T-bills roughly with identical frequency it has been doing.
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