RBI will conduct an open market sale of ₹25,000 crore government securities on October 13, 2026, via multi-security, multiple-price auction. The move aims to moderate liquidity and influence yield curve dynamics.
RBI to Sell ₹25,000 Crore Govt Securities via OMO
The Reserve Bank of India has announced an Open Market Operation (OMO) sale auction of Government of India securities for ₹25,000 crore, scheduled for October 13, 2026. The auction will be multi-security and conducted using the multiple price method, allowing bidders to quote different prices.
Securities offered include the 7.88% GS 2030 and others. OMO sales are a key instrument for liquidity absorption and yield curve management. This operation signals the RBI’s intent to prevent excessive bond market liquidity and maintain yield discipline ahead of expected government borrowing.
The auction will impact institutional portfolio strategies, particularly for banks and insurance companies required to maintain Statutory Liquidity Ratio (SLR) holdings. Legal teams advising on Treasury operations should monitor auction results for implications on pricing transparency and benchmark yields used in financial contracts.