Govt Snags ₹12,604 Crore in Bond Buyback Bonanza

On Tuesday, the government decided to buy back bonds, accepting bids of ₹12,604 crore from a total of ₹20,000 crore. The Reserve Bank of India was the star of the show, grabbing ₹8,960.69 crore of the 7.33% GS 2026 bonds. This buyback was all about keeping the money game smooth and managing the bond market like a pro!