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Floating Rate Savings Bonds, 2020 scheme opens today – Who should invest?


Investors who are looking at fixed income investment avenues such as bank fixed deposits, NSC or KVP may consider investing in Floating Rate Savings Bonds.

The Bonds doesn’t offer Fixed returns till maturity and will keep on changing every 6 months, depending on the prevailing NSC Rates.

By Mohit Mittal

After the suspension of GOI 7.75 per cent Savings Taxable Bonds 2018 from June 1, 2020, Government of India has decided to launch Floating Rate Savings Bonds 2020 (Taxable) scheme, with effect from July 01, 2020.

Though Floating Rate Savings Bonds are coming up with very much similar ...


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