The first tranche of Inflation-Indexed Bonds issued in India in 2013 was linked to which index?

Wholesale Price Index (WPI). The correct answer is the Wholesale Price Index (WPI). The RBI FAQ says the IIBs used WPI. It says all-India CPI had been released since January 2011 and needed time to stabilise. It adds that monetary policy also continued to target WPI. The IES note says the first stock offered 1.44% over and above headline WPI inflation. The IES note and an IANS report of 2016 date the RBI's switch to CPI to April 2014. Business Standard reported the 1.44% real yield on 4 June 2013. Read more: Inflation-Indexed Bonds.

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In the 2013 IIB scheme, up to what share of an auction’s notified amount was set aside for non-competitive bidding, to encourage retail participation?

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In the 2013 IIB scheme, up to what share of an auction’s notified amount was set aside for non-competitive bidding, to encourage retail participation?

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