Question
What is the interest rate set by the RBI for the
Government of India Floating Rate Bonds (GOI FRB) 2035 for the period January 25, 2025, to January 24, 2030?Solution
Explanation: The interest rate for GOI FRB 2035 has been set at 6.66% per annum for the specified period, based on the 5-year Government of India securities yield.
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