RBI announces OMO Purchase of Government of India Securities - ربی - Reserve Bank of India
RBI announces OMO Purchase of Government of India Securities
As announced vide the Press Release 2024-2025/2013 dated January 27, 2025, the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹20,000 crores on February 13, 2025. 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:
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 13, 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 auctions will be announced on the same day and successful participants should ensure availability of securities in their SGL account by 12 noon on February 14, 2025.
(Puneet Pancholy) Press Release: 2024-2025/2106 |