# In an op-ed, Prof. Viral Acharya explains the Reserve Bank of India's inflation-indexed bonds

1 Faculty News May 28, 2013 ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [LiveMint](http://www.livemint.com/Opinion/98JaZH0ULHmHV1dFcctulO/A-right-time-for-inflationindexed-bonds.html) -- "While there is a general euphoria about the introduction of these instruments, it is important to understand why the option of issuing inflation-indexed bonds was not availed in the past few years when inflation levels and uncertainty were significantly greater."

[Read more  ](http://www.livemint.com/Opinion/98JaZH0ULHmHV1dFcctulO/A-right-time-for-inflationindexed-bonds.html)