December 09, 2025 12:34 am (IST)
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
Bridgestone India expands retail footprint in UP with inauguration of new select store in Noida
Mon, Dec 08 2025
$2 billion mega deal! HD Hyundai to build shipyard in Tamil Nadu — a game changer for India
Mon, Dec 08 2025
Protinex, Farex, Dexolac under Tata? Massive deal in final stages
Mon, Dec 08 2025
Manohar Lal reveals how AI, Machine Learning will completely revolutionize India’s power sector
Sun, Dec 07 2025
India’s UPI is going further global! 8 new countries in talks for payment revolution
Sat, Dec 06 2025
Netflix to acquire Warner Bros. for $82.7 billion — the entertainment world will never be the same
Sat, Dec 06 2025
How to Use a Savings Account Interest Calculator to Maximize Savings
Fri, Dec 05 2025
