RBI press-release 2026-2027/587 · 01 Jul 2026
Official title
Rate of Interest on Floating Rate Savings Bond, 2020 (Taxable) – FRSB 2020(T) for the Period July 01, 2026 – December 31, 2026
Summary
Check the official recordThe Reserve Bank of India sets the coupon rate for the Floating Rate Savings Bond, 2020 (Taxable) for the period from July 01, 2026, to December 31, 2026. The rate remains at 8.05 percent. This rate includes a spread of 35 basis points over the National Savings Certificate rate. The interest payment occurs on January 01, 2027. This rate is unchanged from the previous half-year period.
What you must do
Key dates
Who is affected
Thresholds
July 1, 2026
Rate of Interest on Floating Rate Savings Bond, 2020 (Taxable) – FRSB 2020(T) for the Period July 01, 2026 – December 31, 2026
In terms of Para 13 (ii) of Government of India Notification F.No.4(10)- B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with January 01, 2021 and the coupon/interest rate will be set at a spread of (+) 35 bps over the prevailing National Savings Certificate (NSC) rate.
Ajit Prasad Press Release: 2026-2027/587 Deputy General Manager (Communications) ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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