RBI announces Open Market Operations (OMO) Purchase of Government of India Securities

On a review of the current liquidity and financial conditions, the Reserve Bank has decided to conduct purchase of Government securities under Open Market Operations (OMOs) for an aggregate amount of ₹10,000 crores on .

2. Accordingly, RBI will purchase the following Government securities through a multi-security auction using the multiple price method:

1 IN0020160035 6.97% GS 2026 6-Sep-2026 ₹10,000 crores
(There is no security-wise notified amount)
2 IN0020190362 6.45% GS 2029 7-Oct-2029
3 IN0020170042 6.68% GS 2031 17-Sep-2031

3. The Reserve Bank reserves the right to:

  • decide on the quantum of purchase of individual securities.

  • accept bids for less than the aggregate amount.

  • purchase marginally higher than the aggregate amount due to rounding-off.

  • accept or reject any or all the bids either wholly or partially without assigning any reasons.

4. Eligible participants should submit their bids in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system . Only in the event of system failure, physical bids/offers would be accepted. Such physical bid/offer should be submitted to Financial Markets Operations Department (email; Phone no: 022-22630982) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) .

5. The result of the auction will be announced on the same day and successful participants should ensure availability of requisite amount of securities in their SGL account by .

6. The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly functioning of financial markets.

Chief General Manager

Press Release by RBI