RBI announces open market purchase of Rs 25,000 crore govt securities on Apr 15 Eligible participants are required to submit their bids in electronic format on the RBI Core Banking Solution (E-Kuber) system between 10 am and 11 am on April 15. The apex bank said that physical bids will be accepted only in the event of a system failure BusinessToday.In | April 8, 2021 | Updated 18:10 IST Following RBI Governor Shaktikanta Das' announcements on Wednesday, the apex bank notified on Thursday that it would conduct open market purchase of government securities of Rs 1 lakh crore under the G-sec Acquisition Programme (G-SAP). The first purchase of the government securities for an aggregate amount of Rs 25,000 crore under G-SAP 1.0 will be conducted on April 15. RBI said that this open market purchase will be conducted with a view to enable a stable and orderly evolution of the yield curve.