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<h1>RBI to Conduct Open Market Operations to Purchase Rs. 12,000 Crore Govt Securities on December 11, 2012.</h1> The Reserve Bank of India (RBI) will conduct Open Market Operations (OMO) to purchase government securities totaling Rs. 12,000 crore on December 11, 2012. The securities include 8.07% GS 2017, 8.19% GS 2020, 8.13% GS 2022, and 8.33% GS 2026. The auction will be held at the RBI Mumbai Office, using a multiple price method. Participants must submit offers electronically via the RBI's E-Kuber system. The RBI may adjust purchase amounts and reserves the right to accept or reject offers. Auction results will be announced on the same day, with payments processed on December 12, 2012.