The Reserve Bank of India (RBI) announced on December 30 that it will conduct an Open Market Operations (OMO) purchase of government securities worth ₹50,000 crore on January 5, 2026.
The auction will include the following securities: 7.10% GS 2029, 7.95% GS 2032, 7.73% GS 2034, 7.40% GS 2035, 7.41% GS 2036, 8.30% GS 2040, and 7.09% GS 2054.
Eligible participants are required to submit their bids electronically via the RBI’s Core Banking Solution (E-Kuber). Physical offers will be accepted only in the event of a system failure.
Results will be announced the same day, and successful participants must ensure securities are credited to their SGL account by 12 noon on January 6, 2026.
This follows the central bank’s December 29, OMO purchase of ₹50,000 crore, which included 6.79% GS 2029 (₹10,320 crore), 7.61% GS 2030 (₹13,733 crore), 7.26% GS 2033 (₹9,443 crore), 6.79% GS 2034 (₹7,253 crore), 6.67% GS 2035 (₹5,505 crore), and 7.30% GS 2053 (₹3,746 crore). Bids for 7.18% GS 2037 were not accepted.
On December 23, the RBI had outlined a broader liquidity plan, including OMO purchases and USD/INR buy/sell swaps, to inject durable liquidity into the banking system.
Under this programme, the central bank will conduct four OMO tranches of ₹50,000 crore each—on December 29, January 5, January 12, and January 22—totaling ₹2 lakh crore.
