Floating Rate Bonds - PowerPoint PPT Presentation

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Floating Rate Bonds

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The seven-year-long GOI Bonds, also known as the RBI Floating Rate Savings Bonds 2020 (Taxable) have a current taxable interest rate of 7.35%. These are referred to as floating-rate bonds because of how the interest rate on the bond relates to the NSC rate. In accordance with the scheme criteria that were released on June 26, 2020, these variable rate bonds will continue to have a ROI that is 0.35% greater than the existing NSC rate. The coupon/interest rate on these bonds is subject to change if NSC's ROI changes on January 1 and July 1 of each year. – PowerPoint PPT presentation

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Title: Floating Rate Bonds


1
Floating Rate Bonds
RBI Floating Rate Bonds 2020 currently offer a
taxable interest rate of 7.35 over a seven-year
term.
2
About Us
RR Financial Consultants is a 35 year old company
promoted by Mr. Rajat Persad, a qualified
Chartered Accountant, who is the chief architect
of its growth and has steered the group to be a
diverse and respected financial and insurance
services organisation with nationwide
presence. RR is an independent unbiased
Financial, Wealth Management and Insurance
Service Company in India. It is a fully
integrated and professionally managed business
offering diverse range of products and services.
3
Why Invest in RBI Floating Rate Bonds?
  • Investment that is completely risk-free
  • Attractive ROI of 7.35
  • Bonds will always pay 0.35 more than NSC rates
    Maximum Investment - There Is No Limit
  • Minimum Investment - Rs. 1000
  • Maturity is 7 years from Investment date.

4
Floating Rate Bonds
RBI Floating Rate Savings Bonds 2020 (Taxable),
also known as the GOI Bonds, currently offer a
taxable interest rate of 7.35 over a seven-year
term. They are called floating-rate bonds because
the interest rate on these bonds is linked to
the NSC rate. In accordance with the scheme
guidelines issued on June 26, 2020, these
floating rate bonds will continue to earn 0.35
higher ROI than the prevailing NSC rate.
5
Contact Us
9350316010 digi.marketing_at_rrfcl.com
www.rrfinance.in
6
Thank You
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