Reserve Bank of India – Press Releases

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The charge of curiosity on Government of India Floating Rate Bond 2028 (GOI FRB 2028) relevant for the half 12 months October 04, 2022 to April 03, 2023 shall be 7.01 per cent every year.

It could also be recalled that FRB 2028 will carry a coupon, which could have a base charge equal to the typical of the Weighted Average Yield (WAY) of final three auctions (from the speed fixing day i.e., October 04, 2022) of 182 Day T-Bills, plus a hard and fast unfold (0.64 per cent).

Rupambara           
Director (Communications)

Press Release: 2022-2023/983



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