RBI Strengthens Market Stability With ₹50,000 Crore OMO Purchase

The central bank confirmed that the auction will involve multiple government securities maturing between 2029 and 2046. This is the second tranche of the ₹1 lakh crore OMO program, following the earlier purchase conducted on March 9, 2026.

Liquidity Management Strategy
The RBI’s decision reflects its proactive stance in addressing liquidity imbalances. By purchasing long-term government securities, the central bank aims to inject liquidity into the system while supporting bond market stability.

Details Of Securities
The auction will include securities such as 6.45% GS 2029, 7.95% GS 2032, 6.79% GS 2034, 6.64% GS 2035, 7.41% GS 2036, 7.62% GS 2039, and 7.06% GS 2046. The purchases will be conducted through a multi-security auction using the multiple price method.

Market Impact
Analysts expect the OMO to ease liquidity pressures and support lending activity. The move also signals RBI’s commitment to balancing inflation control with growth support in the current financial environment.

Key Highlights

• RBI to purchase ₹50,000 crore worth of government securities on March 13
• Part of ₹1 lakh crore OMO program in two tranches
• Securities maturing between 2029 and 2046 included in auction
• Aim to inject liquidity and stabilize bond markets

Sources: RBI press release, Mint, Fortune India