On a review of current and evolving liquidity and market conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for ₹ 10,000 crores each on April 27, 2020. The details of securities are as follows: Purchase The Reserve Bank will purchase the following securities using the multiple price auction method: | Sr. No | ISIN | Security | Date of Maturity | Aggregate Amount | | 1 | IN0020150093 | 7.59% GS 2026 | 11-Jan-2026 | ₹ 10,000 crores
(There is no security-wise notified amount) | | 2 | IN0020170174 | 7.17% GS 2028 | 08-Jan-2028 | | 3 | IN0020180454 | 7.26% GS 2029 | 14-Jan-2029 | | 4 | IN0020160019 | 7.61% GS 2030 | 09-May-2030 | 2. Sale The Reserve Bank will simultaneously sell the following securities using the multiple price auction method: | Sr. No | ISIN | Security | Date of Maturity | Aggregate Amount | | 1 | IN002019U108 | 77 DCMB 16062020 | 16-Jun-2020 | ₹ 10,000 crores
(There is no security-wise notified amount) | | 2 | IN002019U116 | 84 DCMB 23062020 | 23-Jun-2020 | | 3 | IN002020Y025 | 182 DTB 15102020 | 15-Oct-2020 | | 4 | IN002020Z022 | 364 DTB 15042021 | 15-Apr-2021 | 3. 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. 4. 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 April 27, 2020. 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: 022-22630982/022-27595515) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before 11.00 am. 5. 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 April 28, 2020. (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/2260 | |