RBI to Conduct ₹50,000 Crore Government Securities Purchase on January 22

Mumbai, January 15, 2026: The Reserve Bank of India will conduct an open market purchase of Government of India securities worth ₹50,000 crore on January 22, 2026, as part of its ongoing liquidity management operations.
The purchase will be carried out through a multi-security auction using the multiple price method. The central bank will buy a basket of government bonds across medium to long-term maturities, with no predefined amount allocated to any single security.

Securities Included in the Auction​

The total purchase size is capped at ₹50,000 crore, though the central bank retains discretion to accept offers below or marginally above the notified amount, depending on market conditions.

Auction Timeline and Settlement​

Eligible participants will be able to submit bids electronically between 9:30 am and 10:30 am on January 22. The auction outcome will be announced on the same day, while successful participants must ensure the availability of securities in their accounts by January 23, 2026.

Liquidity Context​

The January 22 operation is part of a broader liquidity infusion plan announced earlier, under which the central bank is injecting ₹2 lakh crore through multiple bond purchase tranches spread across late December and January. These measures are aimed at maintaining adequate liquidity in the banking system amid evolving market and funding conditions.

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