The Reserve Bank has announced OMO purchase of Government securities for an aggregate amount of ₹20,000 crore on February 20, 2025 vide the Press Release 2024-2025/2013 dated January 27, 2025. On a review of current and evolving liquidity conditions, the aggregate amount of OMO purchase has now been revised to ₹40,000 crore.

2. Accordingly, RBI will purchase the following Government securities through a multi-security auction using the multiple price method:

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 10:30 am and 11:30 am on February 20, 2025. Only in the event of system failure, physical bids would be accepted. Such physical bid should be submitted to Financial Markets Operation Department (email; Phone no: 022-22630982) in the prescribed form obtainable from RBI website (https://website.rbi.org.in/web/rbi/forms) before 11:30 am.

5. The result of the auction will be announced on the same day and successful participants should ensure availability of securities in their SGL account by 12 noon on February 21, 2025.

(Puneet Pancholy)     
Chief General Manager

Press Release: 2024-2025/2168