Our Bureau

Mumbai, June 29

THE Reserve Bank of India has set the interest rate on the floating rate bond (FRB) maturing in 2017 at 5.93 per cent per annum for the half-year from July 2, to January 1, 2006.

It set the interest rate on the FRB maturing in 2015 at 5.78 per cent per annum for the year July 2 to July 1, 2006.

(This article was published in the Business Line print edition dated June 30, 2005)
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