The Hindu Business Line : Floating Rate Bond rates

MUMBAI: The rate of interest on the floating rate bonds, 2014 (FRB, 2014) applicable for the year May 20, 2005 to May 19, 2006, will be at 5.73 per cent per annum, as against 5.59 per cent in the previous year, said a press release from the Reserve Bank of India.

The rate of interest on the floating rate bonds, 2006 (FRB, 2006) applicable for the half-year May 22 -November 21 will be 5.5 per cent per annum, as against the earlier rate of 5.60 per cent.

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