The Reserve Bank will purchase the Government securities maturing between November to March 2035. These securities bear coupon rate ranging from 5.85 per cent to 7.17 per cent.

The securities will be bought through a multi-security auction using the multiple price method.

The Reserve Bank has reserved the right to decide on the quantum of purchase of individual securities as well as accept bids for less than the aggregate amount.

The apex bank will either purchase marginally higher/lower than the aggregate amount due to rounding-off. It will also accept or reject any or all the bids either wholly or partially without assigning any reasons.