RBI Announces ₹50,000 Crore OMO Purchase on January 22

New Delhi: The Reserve Bank of India on Tuesday announced it will conduct an Open Market Operation (OMO) purchase of Government of India securities worth ₹50,000 crore on January 22, 2026, as part of its ongoing liquidity management operations.

The central bank said the operation will be conducted through a multi-security auction using the multiple price method, in line with its earlier announcement dated December 23, 2025.

The securities eligible for the purchase include government bonds maturing between 2029 and 2054, covering a wide maturity spectrum aimed at ensuring stable liquidity conditions across the yield curve. RBI clarified that there will be no security-wise notified amount, and the total purchase size will be decided based on market conditions and bids received.

The Reserve Bank retains the discretion to determine the quantum of purchase for individual securities, accept offers for less than the notified amount, marginally vary the total amount due to rounding, and accept or reject bids either fully or partially without assigning reasons.

Eligible participants must submit their bids electronically through the RBI’s E-Kuber system between 9:30 am and 10:30 am on January 22. Physical bids will be accepted only in the event of a system failure and must be submitted to the Financial Markets Operations Department before the cut-off time.

The auction results will be announced the same day, and successful bidders must ensure the availability of securities in their SGL accounts by 12 noon on January 23, 2026.

The OMO purchase is expected to support liquidity in the banking system and help manage government bond market stability amid evolving financial conditions.