December 17, 2025 09:21 am (IST)
Follow us:
Buyback of WPI-Linked Inflation Indexed Bond by GoI
Mumbai, Feb 6 (IBNS) The Government of India (GoI) has announced the repurchase of “1.44 per cent Inflation Indexed Government Stock-2023†through reverse auction for an aggregate amount of Rs 6,500 crore (face value).
GoI will undertake the repurchase, purely ad hoc in nature, to redeem the government stocks prematurely by utilizing surplus cash balances.
Auction for securities will be on price-based auction format.
The auctions will be conducted using multiple price method.
Bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on February 11, 2016 (Thursday) between 10.30 a.m. and 12.00 noon.
The result of the auctions will be announced on the same day.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
How AI will reshape India: TCS and CII drop their report
Tue, Dec 16 2025
Why Gold Loans Are a Better Option than Selling Your Gold?
Tue, Dec 16 2025
"India can’t grow without exports," Kant warns, as geopolitics, protectionism reshape global trade
Mon, Dec 15 2025
NCAER appoints Suresh Goyal as 11th Director General
Mon, Dec 15 2025