Reserve Bank of India – Press Releases

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As announced in Governor’s statement of June 04, 2021, the Reserve Bank will conduct open market purchase of government securities under the G-sec Acquisition Programme (G-SAP 2.0) for an aggregate amount of ₹15,000 crore on September 30, 2021.

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

Sr. No ISIN Security Date of Maturity Aggregate Amount
1 IN0020180454 7.26% GS 2029 14-Jan-2029 ₹15,000 crore
(There is no security-wise notified amount)
2 IN0020210095 6.10% GS 2031 12-Jul-2031
3 IN0020210020 6.64% GS 2035 16-Jun-2035

3. On a review of current liquidity conditions, the Reserve Bank has decided to conduct simultaneous sale of government securities under Open Market Operations (OMO) for an aggregate amount of ₹15,000 crore on September 30, 2021.

4. Accordingly, the Reserve Bank will sell the following government securities through a multi-security auction using the multiple price method:

Sr. No ISIN Security Date of Maturity Aggregate Amount
1 IN0020120013 8.15% GS 2022 11-Jun-2022 ₹15,000 crore
(There is no security-wise notified amount)
2 IN0020070028 8.08% GS 2022 02-Aug-2022
3 IN0020070051 8.13% GS 2022 21-Sep-2022

5. The Reserve Bank reserves the right to:

  • decide on the quantum of purchase/sale of individual securities.

  • accept bids/offers for less than the aggregate amount.

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

  • accept or reject any or all the bid/offers either wholly or partially without assigning any reasons.

6. Eligible participants should submit their bids/offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:00 am and 11:00 am on September 30, 2021. 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) before 11:00 am.

7. The result of the auctions will be announced on the same day and successful participants should ensure availability of funds/securities in their Current account/SGL account, as the case may be, by 12 noon on October 01, 2021.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/915

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