India, March 11 -- The Reserve Bank of India (RBI) has announced that it will conduct an Open Market Operation (OMO) purchase auction of Government of India securities worth Rs 50,000 crore on March 13, 2026, as part of its liquidity management measures.
The central bank said it will purchase multiple government securities through a multi-security auction using the multiple price method. The securities selected for the operation have maturities ranging from 2029 to 2046. No specific security-wise purchase amount has been notified.
The RBI has retained the discretion to determine the quantum of purchase for individual securities and may accept offers for less than the aggregate amount. It may also purchase marginally higher or lower amount...