<h1>India to Launch Inflation Index Bonds to Safeguard Savings and Deter Gold Buying, Targeting Institutional and Retail Investors.</h1> The Government of India, in collaboration with the Reserve Bank of India, plans to launch Inflation Index Bonds (IIBs) to protect savings from inflation and encourage financial savings over gold purchases. The initial series will be issued to institutional investors with 20% reserved for retail investors, and a subsequent series will be exclusively for retail investors. These bonds will have a fixed real coupon rate with inflation-adjusted principal, providing inflation protection. The issuance will begin in June 2013, targeting various maturities, with total issuance expected between Rs. 12,000-15,000 crore for the fiscal year 2013-14.