Image
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.
Top Headlines
-
News
Who after Mamata in Bengal? Amit Shah to meet BJP MLA-elects ahead of May 9 oath
May 06, 2026
-
News
Mamata Banerjee refuses to 'resign', calls EC 'villain'
May 05, 2026
-
News
Bengal trends: BJP on course to form government
May 04, 2026
-
News
Bangladesh MP warns of refugee crisis if BJP wins West Bengal polls
May 01, 2026
-
News
Rain, protests, and slogans: TMC-BJP faceoff erupts outside Kolkata's Netaji Indoor Stadium strong room
April 30, 2026
-
News
Bengal polls: Mamata rejects exit poll projections, claims decisive TMC return to power
April 30, 2026
-
News
Operation Sindoor proved terror epicentres are not immune: Rajnath Singh at SCO meet
April 28, 2026
-
News
India, New Zealand seal historic FTA; Piyush Goyal calls it a defining milestone
April 27, 2026
-
News
Engine fire forces SWISS flight to abort in Delhi, 6 injured
April 26, 2026
-
News
Vee Technologies engineering division delivers 3,000th fire truck design for the US
April 24, 2026
