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RBI announces Second Tranche of Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 1.0)
May, 14th 2021

As announced in Governor’s statement of May 05, 2021, the Reserve Bank will conduct the second tranche of open market purchase of government securities of ₹35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on May 20, 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 IN0020190396 6.18% GS 2024 04-Nov-2024 ₹35,000 crore
(There is no security-wise notified amount)
2 IN0020150093 7.59% GS 2026 11-Jan-2026
3 IN0020170026 6.79% GS 2027 15-May-2027
4 IN0020170174 7.17% GS 2028 08-Jan-2028
5 IN0020200294 5.85% GS 2030 01-Dec-2030
6 IN0020020106 7.95% GS 2032 28-Aug-2032
7 IN0020200245 6.22% GS 2035 16-Mar-2035

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/lower 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 between 10:00 am and 11:00 am on May 20, 2021. Only in the event of system failure, physical bids would be accepted. Such physical bid 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.aspxbefore 11:00 am.

5. The result of the auctions will be announced on the same day and successful participants should ensure availability of securities in their SGL account by 12 noon on May 21, 2021.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/199

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