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Press Release


PDF document (317 kb)
Date : Jun 10, 2021
RBI announces Third Tranche of Open Market Purchase of Government of India Securities and State Development Loans under G-sec Acquisition Programme (G-SAP 1.0)

As announced in the Governor’s statement of June 04, 2021, the Reserve Bank will conduct the third tranche of open market purchase of government securities of ₹40,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on June 17, 2021. Of this, state development loans (SDLs) would be purchased up to ₹10,000 crore.

2. Accordingly, the Reserve Bank will purchase government securities and state development loans (SDLs) through a multi-security auction using the multiple price method. The details of the securities are given in Annex.

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 June 17, 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.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 securities in their SGL account by 12 noon on June 18, 2021.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/347


Annex

1. Purchase of Government securities

The Reserve Bank will purchase the following government securities. There is no security-wise notified amount.

Sr. No ISIN Security Date of Maturity
1 IN0020160035 6.97% GS 2026 06-Sep-2026
2 IN0020170026 6.79% GS 2027 15-May-2027
3 IN0020170174 7.17% GS 2028 08-Jan-2028
4 IN0020150069 7.59% GS 2029 20-Mar-2029
5 IN0020200294 5.85% GS 2030 01-Dec-2030
6 IN0020210020 6.64% GS 2035 16-Jun-2035

2. Purchase of State Development Loans

The Reserve Bank will purchase the following state development loans (SDLs). Aggregate amount of purchase would be up to ₹10,000 crore. There is no security-wise notified amount. Any shortfall in purchase of state development loans would be utilized towards purchase of government securities.

Sr. No. State ISIN Security Date of Maturity
1 ANDHRA PRADESH IN1020160082 7.42% ANDHRA SDL 2031 14-Sep-2031
2 BIHAR IN1320190193 7.17% BIHAR SDL 2030 29-Jan-2030
3 GUJARAT IN1520150112 8.26% GUJARAT SDL 2031 13-Jan-2031
4 GUJARAT IN1520190183 7.17% GUJARAT SDL 2030 08-Jan-2030
5 HARYANA IN1620200122 6.59% HARYANA SDL 2030 11-Nov-2030
6 KARNATAKA IN1920190148 7.16% KARNATAKA SDL 2030 08-Jan-2030
7 KARNATAKA IN1920180156 8.22% KARNATAKA SDL 2031 30-Jan-2031
8 MADHYA PRADESH IN2120200240 7.03% MADHYAPRADESH SDL 2031 17-Feb-2031
9 MAHARASHTRA IN2220190010 8.15% MAHARASHTRA SDL 2030 16-Apr-2030
10 MAHARASHTRA IN2220200033 6.54% MAHARASHTRA SDL 2030 27-May-2030
11 PUNJAB IN2820180148 8.45% PUNJAB SDL 2031 06-Mar-2031
12 PUNJAB IN2820180098 8.56% PUNJAB SDL 2030 29-Aug-2030
13 RAJASTHAN IN2920200796 7.15% RAJASTHAN SDL 2031 17-Mar-2031
14 RAJASTHAN IN2920200689 7.05% RAJASTHAN SDL 2031 17-Feb-2031
15 TAMILNADU IN3120200222 6.33% TAMILNADU SDL 2030 22-Jul-2030
16 TAMILNADU IN3120200339 6.53% TAMILNADU SDL 2031 06-Jan-2031
17 UTTAR PRADESH IN3320200329 7.17% UTTARPRADESH SDL 2031 10-Mar-2031
18 UTTAR PRADESH IN3320200337 7.16% UTTARPRADESH SDL 2031 17-Mar-2031
19 WEST BENGAL IN3420190198 7.10% WESTBENGAL SDL 2030 12-Feb-2030
20 WEST BENGAL IN3420190172 7.23% WESTBENGAL SDL 2030 15-Jan-2030

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