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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