Question
As per RBI’s new guidelines, what is the minimum
outstanding amount required for state government bonds to be eligible for STRIPS trading?Solution
The RBI has extended STRIPS trading to state government bonds, aligning with central government securities. For a bond to qualify, it must have a minimum outstanding amount of ₹10 billion , be a fixed-coupon bond, and have a residual maturity of up to 14 years. STRIPS allow the principal and interest portions of bonds to be traded separately, enhancing liquidity and debt management flexibility.
Find the difference between minimum and maximum value of 'j' such that '7j5302' is always divisible by 3.
Find the range of the given data:
88, 76, 92, 85, 73, 66, 59, 95, 81
The smallest value of n, for which 2n + 1, is not a prime number, is
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Sum of first 20 odd natural numbers is (10m + 200), whereas sum of first 24 even natural numbers is (10n + 200). 'p' is the number of factors of (mn - 3...
- Calculate the difference between number of factors and sum of factors of 396.
120 is divided into two parts in such a way that the sixth part of the first part and the seventh part of the second are in the ratio 5 : 6. How much pe...
Find the difference between minimum and maximum value of 'h' such that '1h9843' is always divisible by 3.
- The sum of two numbers is 80 whereas the sum of their reciprocals is (22/11). Find the square of the product of the two numbers.
The remainder obtained when (47³ + 35³) is divided by 41 isÂ
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