RBI OMO Purchase: ₹44,541 Crore Accepted in Fifth Round
Why in the news
RBI bought government securities in another open market operation to ease tight liquidity.
Key facts
- Bids received: ₹67,540 crore; accepted: ₹44,541 crore; the only round in this drive with acceptance below the notified sum.
- Six securities maturing 2029-2037 were offered.
- Analyst Rajeev Pawar said bank quotes were probably above RBI’s comfort.
| Liquidity indicator | Figure |
|---|---|
| Average March shortfall | ₹1.62 lakh crore a day |
| OMO injection so far | ₹2 lakh crore |
| Forex swaps | $15 billion |
Outlook
- Easing expected after April with higher government spending; more OMOs likely in FY26.
Exam angle
- OMO purchase injects liquidity; most sought: 7.26% GS 2033.