Retail investors can buy Floating Rate Savings Bonds through RBI portal
时间:2024-06-26 09:20:53 阅读(143)
The Reserve Bank on Monday said retail investors can subscribe to Floating Rate Savings Bonds, 2020 (Taxable) through its Retail Direct portal.
RBI-Retail Direct Scheme was launched by the Prime Minister on November 12, 2021.
The scheme has brought government securities within easy reach of retail investors by simplifying the process of investment.
“In its endeavour to expand the basket of products offered through the Retail Direct Portal, Reserve Bank of India, in consultation with the Government of India, has enabled subscription to Floating Rate Savings Bonds, 2020 (Taxable) – FRSB 2020 (T),” the central bank said in a statement.
FRSBs are interest-bearing, non-tradeable bonds, issued by the central government, which are repayable on the expiration of seven years from the date of issue.
Earlier, retail investors were allowed to invest in central government securities, treasury bills, state government securities and sovereign gold bonds through the Retail Direct portal.
猜你喜欢
- Nifty intraday trend positive, may head to 17350; Bank Nifty below 35800 may lead to selling pressure
- Nifty headed to 21200, Bank Nifty may top 52000 in year 2023; Banking, Tech shares may drive rally
- Nestle aims at expansion of out-of-home consumption
- Odisha expands air connectivity- Newly launched Malkangiri Airport links remote district to national air network – Key Points
- Nykaa rating- Brokerage initiates with ‘Hold’, sees 12% downside; online BPC co needs to go more mainstream
- CEAT shares soar over 11 pc as company reports steep jump in Q2 net profit
- CD issuances rise to 7-year high as liquidity squeeze hits banks
- NSE Bulk Deals, August 7- Birla Cable, HBL Power, Drone Destination, other major deals took place on Monday
- NSE Bulk Deals, August 9- Gland Pharma, Debock, Birla Cable, other major deals took place on Wednesday