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The price of curiosity on Government of India Floating Rate Bond 2033 (GOI FRB 2033) relevant for the half 12 months September 22, 2022 to March 21, 2023 shall be 7.42 p.c each year. It could also be recalled that FRB 2033 will carry a coupon, which may have a base price equal to the common of the Weighted Average Yield (WAY) of final 3 auctions (from the speed fixing day, i.e., September 22, 2022) of 182 Day T-Bills, plus a hard and fast unfold (1.22 p.c). Rupambara Press Release: 2022-2023/905 |
