Buyback of WPI-Linked Inflation Indexed Bond

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..... Buyback of WPI-Linked Inflation Indexed Bond
News and Press Release
Dated:- 11-1-2016

Press Information Bureau Government of India Ministry of Finance 11-January-2016 11:16 IST The G .....

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..... overnment of India has announced the repurchase of "1.44 per cent Inflation Indexed Government Stock-2023" through reverse auction for an aggregate amount of ₹ 6,500 crore (face value). The rep .....

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..... urchase by the Government of India will be undertaken to redeem the Government Stocks prematurely by utilizing surplus cash balances. The above repurchase of the Government Stocks is purely ad hoc in .....

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..... nature. 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 .....

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..... Reserve Bank of India Core Banking Solution (E-Kuber) system on January 14, 2016 (Thursday) between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced on the same day. ***** DSM .....

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..... /KA
News - Press release - PIB .....

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