RBI plans to buy back Rs 300 billion worth of bonds

RBI is planning to buy back Rs 300 billion worth of government securities. The government has offered to buy back the 7.35 per cent bond maturing on June 22, 2024, the 8.4 per cent bond maturing on July 28, 2024, the 6.18 per cent bond maturing on November 4, 2024, the floating rate bond maturing on November 7, and the 9.15 per cent bond maturing on November 14, 2024.