The RBI completed a ₹25,000 crore OMO bond sale, accepting bids across five securities with yields ranging from 7.14% to 7.39%, while opting to reject all bids for the 7.10% GS 2034 paper.
The RBI conducted an Open Market Operation (OMO) sale where it accepted ₹2,820 crore in bids for the 7.88% GS 2030 security. The auction resulted in a cut-off yield of 7.1428% and a cut-off price of ₹102.20, with a partial allotment of 96.66% for competitive bids at the cut-off price.
The cut-off yield was 7.1428%.
The RBI accepted ₹2,820 crore in face value.
The 6.10% GS 2031 security saw significant participation in the RBI's OMO sale, with the central bank accepting ₹8,430 crore of the total ₹8,915 crore bid. The auction cleared at a cut-off yield of 7.2236% and a cut-off price of ₹95.54.
The cut-off price was ₹95.54.
45 bids were received.
In the recent OMO sale, the RBI accepted ₹1,600 crore for the 7.95% GS 2032 security out of 50 total bids received. The security was priced at a cut-off of ₹103.21, reflecting a cut-off yield of 7.2659%.
The weighted average yield was 7.2582%.
The total bid amount was ₹5,875 crore.
The 7.26% GS 2033 security was included in the RBI's OMO sale, with the central bank accepting ₹2,735 crore from 66 bids. The auction concluded with a cut-off yield of 7.3413% and a cut-off price of ₹99.58.
The cut-off yield was 7.3413%.
The weighted average price was ₹99.64.
The 7.18% GS 2033 security saw the highest acceptance volume in the OMO sale, with the RBI accepting ₹9,415 crore out of 90 bids received. The auction cleared at a cut-off yield of 7.3947% and a cut-off price of ₹98.85.
The RBI accepted ₹9,415 crore.
The cut-off yield was 7.3947%.
RBI received bids for this security but accepted none, with no cut-off yield set.
The Reserve Bank of India successfully auctioned ₹25,000 crore in government securities through an Open Market Operation (OMO) sale. While total bids reached ₹55,518 crore, the central bank accepted the full notified amount across five different bond tenors, while rejecting all bids for the 7.10% GS 2034 security.
The RBI accepted the full notified amount of ₹25,000 crore in face value.
The RBI received bids for the 7.10% GS 2034 security but chose not to accept any, resulting in no cut-off yield being set for that specific bond.