| Title | RBI Floating Rate Bonds - Advantages & Interest Rate |
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| URL | https://www.rrfinance.com/OurProducts/RBI_Floating_Rate_Bonds.aspx |
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| Category | Finance and Money --> Bonds |
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| Meta Keywords | RBI floating rate bonds, rbi bonds, |
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| Meta Description | RBI Floating Rate Bonds: Investors can easily invest in RBI Floating Rate Savings Bonds to get convenient returns with no risk. Visit RR Finance |
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| Owner | L K Mishra |
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| Description |
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| RBI Floating Rate Savings Bonds 2020 (Taxable), also known as the GOI Bonds, currently offer a taxable interest rate of 8.05% (till 31st Dec 2025) over a seven-year term. They are called floating-rate bonds because the interest rate on these bonds is linked to the NSC rate. In accordance with the scheme guidelines issued on June 26, 2020, these floating rate bonds will continue to earn 0.35% higher ROI than the prevailing NSC rate. Coupon/Interest rate on these bonds is subject to change every six months, on January 1 and July 1, if NSC's ROI changes. |
