RBI revises OMO purchase auction date to January 29, February 5

Reserve Bank of India

• RBI reschedules OMO auctions to January 29 and February 5 for liquidity infusion
• Rs 1 lakh crore to be infused in two tranches via government securities purchase
• First auction on January 29 to inject Rs 50,000 crore into the banking system

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The Reserve Bank of India (RBI) has revised the date of auction for Open Market Operation (OMO) purchase of government securities to January 29, and February 5, from earlier February 5 and February 12, as per press release.

The central bank was set to infuse durable liquidity to the banking system worth Rs 1 lakh crore, in two tranches of Rs 50,000 crore each.

The first auction will take place on January 29, where the RBI will infuse Rs 50,000 crore to the banking system by purchasing government securities via OMO auctions.

As per release, the central bank will purchase bonds of 6.75% GS 2029, 7.17% GS 2030, 7.95% GS 2032, 7.26% GS 2033, 6.22% GS 2035, 7.18% GS 2037, and 7.30% GS 2053.

The auction will take place on January 29, between 9:30 AM and 10:30 AM on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

The result of the auction will be announced on the same day and successful participants should ensure availability of securities in their SGL account by 12 noon on January 30, 2026, release added.

On January 23, the RBI had announced measures to manage liquidity in the banking system after it fell in to deficit.

The central bank decided to conduct 90-day Variable Rate Repo (VRR) operation for an amount of Rs 25,000 crore on January 30, 2026, and USD/INR Buy/Sell Swap auction of USD 10 billion for a tenor of 3 years to be held on February 04, 2026.

Currently, the liquidity in the banking system is in surplus of around Rs 56,986.95 crore, as per RBI data.