Gov Just Snagged ₹12,604 Crore in Bond Buyback Shenanigans

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Gov Just Snagged ₹12,604 Crore in Bond Buyback Shenanigans

Alright, squad, here’s the tea: the government just grabbed ₹12,604 crore in bonds during a buyback auction, but they were actually gunning for ₹20,000 crore. Investors tossed in ₹16,959 crore, but the Reserve Bank was like, ‘We’ll take the 7.33% GS 2026 for ₹8,960.69 crore.’ Just another day in the wild world of bonds, folks!