RBI says FRB 2034 to earn 6.45% interest from Thu to Oct 29
This story was originally published at 19:56 IST on 29 April 2026
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--RBI says FRB 2034 to get 6.45% interest from Thu to Oct 29
MUMBAI - The Reserve Bank of India Wednesday said the rate of interest on the floating rate bond 2034 will be 6.45% for the six months from Thursday to Oct. 29. The rate of interest is based on the average of the weighted average yield of the last three auctions of 182-day Treasury bills, plus a fixed spread of 98 basis points. End
Reported by J. Navya Sruthi
Edited by Vandana Hingorani
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