Document title: Result of Buyback Auction of Government of India Dated Securities
Issuing authority: Reserve Bank of India, Department of Communication
Reference number: Press Release: 2026-2027/1031
Date: 03 September 2026
Policy rates and liquidity
The RBI announced that in the latest buyback auction of dated securities, although the aggregate face value notified was ₹30,000 crore, the total face value offered by participants amounted to ₹3,109.305 crore. No portion of the offered securities was accepted, resulting in zero face value accepted and consequently no impact on liquidity through this operation.
Capital markets and flows
The auction covered four distinct securities with offers received as follows: 750.055 crore, 440.020 crore, 818.950 crore, and 1,100.280 crore respectively. For each security, the number of offers received was three, three, seven, and one, but the RBI accepted none. Consequently, there was no cut‑off price or weighted average price determined for any security.
Regulatory and policy measures
The press release, signed by Deputy General Manager Ajit Prasad of the Communications Division, confirms that the buyback auction concluded without any acceptance, indicating the RBI’s discretion to reject all bids in this instance. No further regulatory actions or policy changes were indicated.
The RBI’s decision to reject all bids in the September 2026 buyback auction leaves the notified ₹30,000 crore of dated securities outstanding, with no immediate effect on market liquidity or pricing.