India, Dec. 8 -- The interest rate on the Government of India Floating Rate Bond 2031 (FRB 2031) has been fixed at 6.52 percent per annum for the period from December 7, 2025, to June 6, 2026.
FRB 2031 carries a coupon structure linked to the average of the weighted average yields of the last three auctions of 182-day Treasury Bills, plus a fixed spread of 1 percent.
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