Postal Life Insurance GOI Special Floating Rate Security, 2022.
Coupon Re-Set of Postal Life Insurance Government of India (GOI) Special Floating Rate Security, 2022.
(BUDGET DIVISION)
F. No. 4(3)-B(W&M)/2020.—The Government of India Postal Life Insurance Special Floating Rate Bonds, 2022 will bear interest at the rate of 6.05 per cent per annum for the financial year 2021-22. Interest rate on these bonds is in line with daily average yield of 10 years Government securities in the preceding calendar year i.e. January 01 to December 31, 2020. Interest will be payable half yearly on September 30 & March 30.
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