Supreme Court: Banks Cannot Effectively Blacklist Lawyers by Placing Them on Caution Lists || Madras HC: Advocates Can't Seek Out-of-Turn Case Listing Through Writ Petitions || J&K&L HC: Vehicle Can't Remain in Police Custody During NDPS Trial over Possible Confiscation || J&K&L HC: Prolonged Stagnation in Small Cadres Does Not Grant Right to Promotion || Delhi HC Rejects Bail Plea of Athar Khan in Alleged Delhi Riots Conspiracy || Delhi HC Full Bench: School Employee's Suspension Ends if DOE Approval Isn't Given in 15 Days || Allahabad HC: Mere Note of Failed Conciliation Not Sufficient for Lok Adalat Proceedings || Delhi HC: Govt Created 'Utter Chaos' in OBC Reservation Rules Through Conflicting Notifications || Calcutta HC: Acceptance of Rent After Quit Notice Doesn't Waive Tenancy Termination || Delhi HC Flags EFI Selection Criteria Breach in Asian Games Dressage Team, Declines to Interfere

RBI announces rate of interest on Government of India Floating Rate Bond 2033- (Reserve Bank of India) (21 Sep 2022)

MANU/RPRL/0423/2022

Banking

The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year September 22, 2022 to March 21, 2023 shall be 7.42 percent per annum.

It may be recalled that FRB 2033 will carry a coupon, which will have a base rate equivalent to the average of the Weighted Average Yield (WAY) of last 3 auctions (from the rate fixing day, i.e., September 22, 2022) of 182 Day T-Bills, plus a fixed spread (1.22 percent).

Tags : RATE INTEREST FLOATING RATE BOND 2033

Share :