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BRIEF-India cenbank says rate of interest on FRB, 2017 fixed at 6.59 pct
December 30, 2016 / 9:21 AM / 9 months ago

BRIEF-India cenbank says rate of interest on FRB, 2017 fixed at 6.59 pct

Dec 30 (Reuters) - Reserve Bank of India:

* RBI announces rate of interest on floating rate bonds

* Rate of interest on the floating rate bonds, 2017 (FRB, 2017) applicable for the half-year (January 02, 2017 to July 01, 2017) shall be 6.59 per cent per annum.

* Coupon rate has been fixed at 6.59 per cent Source text: bit.ly/2iLzJTT

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