The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?

December 8, 2014 December 8, 2014

The RBI has decided to auction Inflation Indexed Bonds. The index of these Inflation Indexed Bonds is pegged to ___?
[A]WPI
[B]CPI
[C]Both WPI and CPI
[D]None of the above

WPI
RBI has decided to auction inflation worth 1000 Crores. These bonds are currently pegged to WPI, and RBI has made it clear that going further it intends to release inflation indexed bonds pegged to CPI.

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1 Comment

  1. Shailendra Kumar Goel

    June 22, 2015 at 11:42 am

    I purchased IINSS-C (CPI) on 26/12/2013 for Rs. 5 Lakh through UBI (Shastri Nagar branch) Meerut (UP). I regret that till now the bank officials are neither aware nor interested to tell me the present status of my investment, which is very disappointing and discouraging. Perhaps, there is no clear cut guideline or information to the banks from RBI in this regard. What is the use of issuing/auctioning such bonds when the investor remains in dark pl.
    SK Goel

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