Business & Finance
India's RBI sets 8.87pc coupon for 2017 floating rate bonds
MUMBAI: The Reserve Bank of India said on Friday it has set an interest rate of 8.87 percent per annum on floating r
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MUMBAI: The Reserve Bank of India said on Friday it has set an interest rate of 8.87 percent per annum on floating rate bonds (FRB) maturing in 2017, which is applicable for the half-year from Jan. 2 to July 1.
Copyright Reuters, 2011
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