Govt to buy back 5 gilts maturing in FY27 worth INR 260 bln via auction Thu
This story was originally published at 19:22 IST on 6 June 2025
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--RBI: Govt to buy back INR 260 bln worth of 5 gilts on Thu
--RBI: Govt to buy back 5.63%, 2026 and 8.33%, 2026 gilts at auction Thu
--RBI: Govt to buy back 6.97%, 2026 and 5.74%, 2026 gilts at auction Thu
--RBI: Govt to buy back 8.15%, 2026 gilt at auction Thu
MUMBAI – The government will buy back five gilts worth INR 260 billion on Thursday. The buyback auction of the five gilts, all maturing in 2026-27 (Apr-Mar), will be held at 1030-1130 IST, the Reserve Bank of India said on Friday.
The gilts up for buyback are the 5.63%, 2026 bond; the 8.33%, 2026 bond; the 6.97%, 2026 bond; the 5.74%, 2026 bond; and the 8.15%, 2026 bond. There is no notified amount for each of the individual securities up for buyback.
There were no allocations made for buybacks in the Budget tabled in February. This is the second buyback auction in the current financial year. At the buyback auction Thursday, the RBI had accepted INR 238.56 billion worth of offers against INR 250 billion offered to be bought back by the government.
The buyback auction will be conducted through the RBI's Core Banking Solution (E-Kuber) system. The RBI said the government can decide on the amount for individual securities, accept more or less than the notified amount of INR 260 billion, and accept or reject any of the offers wholly or partially without assigning any reason. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Srijita Bose
Edited by Akul Nishant Akhoury
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