The Government of India has announced a government securities buyback worth ₹30,000 crore through an auction, according to a Reserve Bank of India (RBI).
The buyback will cover four dated government securities. These are the 7.33% GS 2026 maturing on October 30, 2026, the 5.74% GS 2026 maturing on November 15, 2026, the 8.15% GS 2026 maturing on November 24, 2026, and the 8.24% GS 2027 maturing on February 15, 2027.
Four securities included in buyback
The ₹30,000 crore figure represents the aggregate face value ceiling for the auction. The government has not fixed a separate notified amount for any of the four securities.
The auction will use the multiple price method. Bids must be submitted electronically through the RBI Core Banking Solution (E-Kuber) system on September 3, 2026, between 10:30 am and 11:30 am.
The auction results will be announced on the same day, while settlement of the accepted transactions will take place on September 4, 2026.
The Government of India has retained the right to determine how much of each individual security will be bought back. It can also accept a total amount higher or lower than the notified ₹30,000 crore ceiling.
The government may further accept or reject any or all offers, either fully or partially, without assigning any reason, according to the RBI release.
Source: RBI
