RBI's 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on Jun 17

The Reserve Bank of India (RBI) will be buying bonds maturing between 2026 and 2035 in its third tranche of the G-sec Acquisition Programme (G-SAP). 

The total size of the G-SAP programme would be Rs 40,000 crore, including Rs 10,000 crore of state development loans. The RBI will be buying bonds of 20 states in the G-SAP, which will be held on June 17. Out of its Rs 1 trillion reserved for this quarter, the RBI has already bought Rs 60,000 crore of bonds through two auctions.  

In G-SAP, the RBI commits to buy bonds and doesn’t cancel the auction