Press release on RBI announces Second Tranche of Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 1.0) – RBI
View PdfPress release on RBI announces Second Tranche of Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 1.0) – RBI
- The Reserve Bank will conduct the second tranche of open market purchase of government securities of ₹35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on May 20, 2021.
- 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.
