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The charge of curiosity on the Floating Rate Bond 2024 (FRB 2024) relevant for the half 12 months November 07, 2022 to May 06, 2023 shall be 6.75 per cent each year. It could also be recalled that the speed of curiosity on the FRB, 2024 shall be reset on the common charge (rounded off as much as two decimal locations) of the implicit yields, on the minimize-off costs of the final three auctions of Government of India 182-days Treasury Bills, held as much as the interval previous the coupon reset date, which is November 07, 2022. The implicit yields will likely be computed by reckoning one year in a 12 months. Rupambara Press Release: 2022-2023/1151 |



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