Govt eyes Rs 30,000 crore via cash management bill

Faced with redemptions of government securities (G-Secs) aggregating Rs 1.35 lakh crore till January 16, the government on Thursday said it will auction cash management bills (CMBs) on Monday to mop up Rs 30,000 crore. This is the second CMB in the last two weeks. The government usually issues CMBs to tide over situations of temporary liquidity mismatch.

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