Press release – RBI announces rate of interest on Government of India Floating Rate Bonds, 2034 (dated – 29.04.2022)-RBI.

• 02nd, May 2022
• compfie_wp
• Comments (0)

View Pdf

Press release – RBI announces rate of interest on Government of India Floating Rate Bonds, 2034 (dated – 29.04.2022)-RBI.

• The rate of interest on Government of India Floating Rate Bonds, 2034 (GOI FRB 2034) applicable for the half year April 30, 2022 to October 29, 2022 shall be 5.38 percent per annum.
• It may be recalled that FRB, 2034 will carry a coupon, which will have a base rate equivalent to the average of the Weighted Average Yield (WAY) of last 3 auctions of 182 Day T-Bills, plus a fixed spread (0.98%), refer attachment for further details.