India sets floating rate bond 2031 interest rate at 6.64% for six months
The Government of India has fixed the interest rate on the Government of India Floating Rate Bond 2031 (FRB 2031) at 6.64% per annum for the half-year period from June 7, 2026, to December 6, 2026, according to an official notification issued on Friday (June 5). FRB 2031 is a floating-rate government security whose coupon…
