Document title: Buyback of Government of India Dated Securities
Issuing authority: Government of India (Press Release)
Reference: Press Release: 2026-2027/745
Date: 23 July 2026
Capital Markets and Flows
The Government of India has announced a buyback of its dated securities with an aggregate ceiling of ₹20,000 crore. The securities included are 7.33 % GS 2026 (maturing 30 Oct 2026), 5.74 % GS 2026 (maturing 15 Nov 2026), 8.15 % GS 2026 (maturing 24 Nov 2026) and 8.24 % GS 2027 (maturing 15 Feb 2027). No individual quantum has been disclosed; the auction will use a multiple‑price method. Offers must be submitted electronically on the RBI Core Banking Solution (E‑Kuber) system on 28 July 2026 between 10:30 am and 11:30 am. The auction result will be announced on the same day, with settlement scheduled for 29 July 2026.
Regulatory and Policy Measures
The Government reserves the right to determine the quantum of each security bought back, to accept more or less than the notified ₹20,000 crore, and to accept or reject any offers, wholly or partially, without providing a reason.
The buyback reflects the Government’s active debt‑management strategy, providing liquidity to the market while retaining flexibility over the final purchase volume.