February 06, 2026 11:54 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
Big trade breakthrough! India and GCC kick off mega FTA talks
Fri, Feb 06 2026
Devyani shares jump 9% despite Q3 loss, hit three-week high
Thu, Feb 05 2026
How a Fixed Deposit Can Strengthen Your Financial Planning in 2026
Thu, Feb 05 2026
Ashok Leyland strikes big deal in Indonesia — Electric buses, defence vehicles in the works
Wed, Feb 04 2026
KFC, Pizza Hut operator Devyani soars 10% after Q3 results
Wed, Feb 04 2026
Massive win for Mahindra: 35,000 LCVs headed to Indonesia in biggest-ever export order
Wed, Feb 04 2026
