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Repayment of Government of India Floating Rate Bonds (FRB) 2016

News and Press Release - Dated:- 12-4-2016 - The outstanding balance of Government of India-Floating Rate Bonds 2016 is repayable at par on May 07, 2016. No interest will accrue there-on from the said dates. In the event of a holiday being declared on May 07, 2016 by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day. As per sub-regulations 24 (2) and 24(3) of Government Securities Regulations .....

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