RBI announces OMO Sale of Government of India Securities
On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct OMO sale auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore in three tranches of ₹50,000 crore, ₹25,000 crore, and ₹25,000 crore to be held on September 17, 2026, September 21, 2026, and September 28, 2026, respectively, through multi-security auction using the…
The Reserve Bank of India (RBI) has announced plans to sell Government of India securities (GS) through open market operations (OMO) auctions, totaling ₹1,00,000 crore across three tranches. The first tranche of ₹50,000 crore will be held on September 17, 2026, followed by ₹25,000 crore each on September 21, 2026, and September 28, 2026.
The securities being offered for sale in the September 17 auction include seven different GS with varying maturities and interest rates. The RBI retains the authority to adjust the quantity sold for individual securities, accept bids below the total amount, sell slightly more or less than the announced figure due to rounding, or reject bids without providing a reason.
Eligible participants are required to submit their bids electronically through the RBI's Core Banking Solution (E-Kuber) system between 9:30 am and 10:30 am on September 17, 2026. In the unlikely event of system failure, physical bids can be submitted to the Financial Markets Operations Department before 10:30 am in the specified format.
The auction results will be announced on the same day, and successful participants must ensure their securities are available in their SGL account by 12 noon on September 18, 2026.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.