Policy Rates and Liquidity
The RBI conducted an open market operation on 13 October 2026, offering an aggregate of ₹25,000 crore of Government of India securities for sale. No security‑wise notified amount was disclosed. The securities and their accepted face values were as follows: ₹2,820 crore of 7.88% GS 2030, ₹8,430 crore of 6.10% GS 2031, ₹1,600 crore of 7.95% GS 2032, ₹2,735 crore of 7.26% GS 2033, and ₹9,415 crore of 7.18% GS 2033. The cut‑off yields determined for each issue were 7.1428% (2030), 7.2236% (2031), 7.2659% (2032), 7.3413% (2033), and 7.3947% (second 2033 issue). Corresponding cut‑off prices ranged from ₹95.54 to ₹103.21 per ₹100 face value, specifically ₹102.20 for the 2030 issue, ₹95.54 for 2031, ₹103.21 for 2032, ₹99.58 for the first 2033 issue, and ₹98.85 for the second 2033 issue.
Capital Markets and Flows
The operation reflects RBI’s liquidity management stance, injecting securities into the market to absorb excess liquidity. Detailed results, including allocation among participants, will be issued shortly. The press release was issued by Deputy General Manager Ajit Prasad of the Communications division.
The OMO sale underscores RBI’s ongoing use of market operations to fine‑tune liquidity conditions and manage yield curves across the government securities market.