The liquidity infusion comes ahead of advance tax and goods and services tax (GST) payments scheduled later this month before the fiscal year-end.
System liquidity was estimated to be in surplus of about Rs 2.49 lakh crore on Thursday.
India’s benchmark 10-year bond yield remained flat at 6.68% on Friday, supported by the liquidity injection. Last week, the central bank purchased government securities worth Rs 57,210 crore in the secondary market to contain bond yields amid the West Asia conflict.
Friday’s OMO was part of the two auctions of Rs 50,000 crore each announced by the central bank last week. So far in calendar year 2026, the RBI has infused Rs 3.50 lakh crore through OMO operations.
The RBI received bids worth Rs 1.08 lakh crore in Friday’s auction. It purchased the 6.45% government security maturing in 2029 worth Rs 13,006 crore, the 7.95% GS 2032 worth Rs 2,908 crore, the 6.79% GS 2034 worth Rs 4,496 crore, the 6.64% stock 2035 worth Rs 8,350 crore, the 7.41% security 2036 worth Rs 14,491 crore, the 7.62% GS 2039 worth Rs 1,749 crore and the 7.06% stock 2046 worth Rs 5,000 crore, the RBI said.
