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RBI Floating Rate Bonds

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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 30th June 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. https://www.rrfinance.com/OurProducts/RBI_Floating_Rate_Bonds.aspx

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