Floating Rate Bonds are securities that do not have a fixed coupon rate
Floating Rate Bonds are securities that do not have a fixed coupon rate
The coupon is reset for the period of July 1 to December 31, the central bank said
If rates are on the rise at this stage, investors must keep in mind that they will likely fall at some point of the seven-year tenure of the bonds.
Floating Rate Bonds are securities that do not have a fixed coupon rate
The rate of interest will be applicable for the half year April 04, 2023 to October 03, 2023, the central bank said in a release.
The rate of interest will be applicable for the half year March 22, 2023 to September 21, 2023, the central bank said in a release.
The Reserve Bank of India (RBI) on December 6 has announced 7.69 percent per annum rate of interest on the Floating Rate Bonds (FRB) maturing in 2031
This interest rate will be applicable for the October 30, 2022-to April 29, 2023 period
Floating rate bonds have seen tepid demand in weekly auctions, which is why they have devolved on the primary dealers for three successive weeks of issuance
The Reserve Bank of India (RBI) set the rate of interest on the 10-year floating rate bonds (FRB 2020). The applicable coupon for the half year December 21, 2012 to June 20, 2013 shall be 8.15% per annum, the central bank on Thursday said in a release.