GSAP 1.0 centrepiece of RBI money policy: Economists, analysts break it down SECTIONS Last Updated: Apr 07, 2021, 01:17 PM IST Share Synopsis The benchmark 10-year bond yield rose to 6.19% post-policy, before falling back to 6.06% after the central bank announced a secondary market government securities (G-sec) acquisition programme. Agencies The RBI's Monetary Policy Committee on Wednesday announced the outcome of its first policy review of FY22. The Reserve Bank of India (RBI) stuck to its accommodative monetary policy stance amid concerns that rising infections could derail the country’s nascent economic recovery. The benchmark 10-year bond yield rose to 6.19% post-policy, before falling back to 6.06% after the central bank announced a secondary market government securities (G-sec) acquisition programme.