RBI to conduct second tranche of open market purchase of govt securities of Rs 35,000 crore
The result of the auctions will be announced on the same day and successful participants should ensure the availability of securities in their SGL account by 12 noon on May 21, 2021.
Governor of Reserve Bank of India (Reuters)
New Delhi: As announced in the Governor’s statement of May 05, 2021, the Reserve Bank will conduct the second tranche of open market purchase of government securities of Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on May 20, 2021.
Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method:
Sr. No | ISIN | Security | Date of Maturity | Aggregate Amount |
1 | IN0020190396 | 6.18% GS 2024 | 04-Nov-2024 | Rs.35,000 crore (There is no security-wise notified amount) |
2 | IN0020150093 | 7.59% GS 2026 | 11-Jan-2026 | |
3 | IN0020170026 | 6.79% GS 2027 | 15-May-2027 | |
4 | IN0020170174 | 7.17% GS 2028 | 08-Jan-2028 | |
5 | IN0020200294 | 5.85% GS 2030 | 01-Dec-2030 | |
6 | IN0020020106 | 7.95% GS 2032 | 28-Aug-2032 | |
7 | IN0020200245 | 6.22% GS 2035 | 16-Mar-2035 |
The Reserve Bank reserves the right to:
- decide on the quantum of purchase of individual securities.
- accept bids for less than the aggregate amount.
- purchase marginally higher/lower than the aggregate amount due to rounding-off.
- accept or reject any or all the bids either wholly or partially without assigning any reasons.
Eligible participants should submit their bids in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:00 am and 11:00 am on May 20, 2021. Only in the event of system failure, physical bids would be accepted. Such physical bid should be submitted to Financial Markets Operations Department (email; Phone no: 022-22630982) in the prescribed form obtainable from the RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before 11:00 am.
The result of the auctions will be announced on the same day and successful participants should ensure the availability of securities in their SGL account by 12 noon on May 21, 2021.
Read Also : Adani Green Secures USD 400 million from international banks for 750 MW power projects
News Must Read
- Sushil Sharma assumes additional charge of CMD, and Director (Personnel) of SJVN Limited
- Coal India Limited Board recommends final dividend, here to know
- Dr. Subhransu Sekhar Acharya assumes charge of NSIC CMD
- CIL reports mixed bag of results for Q4 of FY23-24
- NMDC's Promising Start to FY25, Targets 50 Million Tonnes
- RITES to take assessment for Vande Bharat Trains
- RBI cancels Certificate of Registration of Acemoney (India) Limited due to irregular lending practices
- Coal India Production rises by 7 percent in April
- WAPCOS became second Indian PSU in ADB Consulting
- Power Grid appoints Satyaprakash Dash as CS and Compliance Officer