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RBI sells Government securities worth Rs.50,000 crore in open market

18-Sep-26 13:34 Hrs IST

The Reserve Bank of India (RBI) secured bids totaling Rs 50,000 crore in the initial segment of its open market operation (OMO) involving the sale of government securities, as it reinforced its strategy to manage excess liquidity within the banking sector. According to a release, the RBI secured Rs 7,005 crore of the 7.59 per cent government securities maturing in 2029 at a cut-off yield of 6.6007 per cent and Rs 7,255 crore of the 6.79 per cent GS 2029 at 6.7023 per cent. It also secured Rs 1,005 crore of the 7.61 per cent GS 2030 at 6.8191 per cent and Rs 12,645 crore of the 5.77 per cent GS 2030 at 6.8589 per cent. The central bank further secured Rs 3,250 crore of the 6.68 per cent GS 2031 at 6.9080 per cent, while the largest acceptance of Rs 18,840 crore was for the 8.28 per cent GS 2032 at a cut-off yield of 7.0090 per cent.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.