The Reserve Bank of India (RBI) held an Open Market Operations (OMO) sale auction on Sep 17, 2026, and settled it the next day. The total amount bid by participants was higher than the notified aggregate amount. This article provides detailed information about the securities involved in the OMO sale.
On Sep 17, 2026, the Reserve Bank of India (RBI) conducted an Open Market Operations (OMO) sale. The aggregated amount notified by RBI for this sale was Rs 50,000 crore. However, the total amount bid by participants reached Rs 66,590 crore. Out of these bids, the RBI accepted a total amount of Rs 38,840 crore.
The OMO sale consisted of seven different securities. The details of the issued securities, along with the number of bids received and accepted for each, are as follows:
1. 7.59% GS 2029 – 39 bids received, 8 bids accepted, total bid amount: Rs 9,240 crore, cut off yield: 6.6007%, and weighted average yield: 6.5834%.
2. 6.79% GS 2029 – 33 bids received, 14 bids accepted, total bid amount: Rs 8,740 crore, cut off yield: 6.7023%, and weighted average yield: 6.6644%.
3. 7.61% GS 2030 – 26 bids received, 10 bids accepted, total bid amount: Rs 4,255 crore, cut off yield: 6.8191%, and weighted average yield: 6.8036%.
4. 5.77% GS 2030 – 49 bids received, 29 bids accepted, total bid amount: Rs 16,685 crore, cut off yield: 6.8589%, and weighted average yield: 6.7980%.
5. 6.68% GS 2031 – 52 bids received, 28 bids accepted, total bid amount: Rs 7,970 crore, cut off yield: 6.9080%, and weighted average yield: 6.8935%.
6. No data provided for 8.28% GS 2032.
7. Total bid amount for all securities: Rs 66,590 crore.
Source:
Reserve Bank of India
