A scheme of liquidity support to the gilt funds has been put in place, under which Reserve Bank provides collateralized liquidity support up to 20 per cent of holdings in Government securities for a maximum period of 14 days.
Widening NDS-OM membership: With a view to widening the secondary market in Government Securities to mid-segment investors, well-managed and financially sound Urban Cooperative Banks (UCBs) have been permitted to become direct members of NDS-OM.