The Government of India has announced a buyback of dated government securities worth up to Rs 30,000 crore through an auction process. The buyback will cover four securities maturing between October 2026 and February 2027:
7.33% GS 2026 – Maturity: October 30, 2026
5.74% GS 2026 – Maturity: November 15, 2026
8.15% GS 2026 – Maturity: November 24, 2026
8.24% GS 2027 – Maturity: February 15, 2027
No specific allocation has been announced for individual securities within the overall Rs 30,000 crore limit. The auction will be conducted using the multiple price method through the RBI’s E-Kuber platform on June 29, 2026, with bidding scheduled between 10:30 a.m. and 11:30 a.m. Results will be declared on the same day, while settlement will take place on June 30, 2026.
The government retains full discretion over the buyback process, including the amount purchased under each security. It may accept a higher or lower amount than the notified Rs 30,000 crore and reserves the right to accept or reject any or all bids, either fully or partially, without providing any reason.