OMO sale October 13: RBI sells ₹25,000 crore after ₹55,518 crore of bids
RBI received bids worth ₹55,518 crore and accepted ₹25,000 crore, pulling that cash out of the banking system.
Official title: Detailed Result: OMO Sale Auction held on Oct 13, 2026 and Settlement on Oct 14, 2026 · Press Release 2026-2027/1320
What happened
This is the detailed result of the October 13, 2026 OMO sale. Participants bid ₹55,518 crore, more than twice the ₹25,000 crore on offer, and RBI accepted exactly ₹25,000 crore. Payment settles on October 14.
The 7.18% GS 2033 drew the largest bids (₹19,015 crore) and the most sold (₹9,415 crore, cut-off yield 7.3947%). The 6.10% GS 2031 followed with ₹8,430 crore sold at 7.2236%. Smaller amounts of the 7.88% GS 2030, 7.95% GS 2032 and 7.26% GS 2033 were sold. No bids were accepted for the 7.10% GS 2034.
The cash RBI collects leaves bank balances, so the system has less spare liquidity.
What it means for you
No direct effect on your accounts or loans. It is part of RBI managing the amount of cash in banks.
What it means for businesses
Banks lose ₹25,000 crore of spare cash. The strong demand suggests banks had plenty to spare.
Read the original
Press release on rbi.org.in ↗ Official PDF ↗
This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.