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Reserve Bank of India (RBI) has set the interest rate on the Government of India Floating Rate Bonds 2035

Kumari Sonali

Reserve Bank of India (RBI) has set the interest rate on the Government of India Floating Rate Bonds 2035:

The Reserve Bank of India (RBI) has recently announced that the interest rate for the Government of India Floating Rate Bonds 2035 (GOI FRB 2035) will be set at 6.66% per annum. This rate will be applicable for the period from January 25, 2025, to January 24, 2030. The rate is determined based on the prevailing 5-year yield on Government of India securities as of January 24, 2025, reflecting the market conditions.

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