Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the March 25, 2014
NOTIFICATION
Coupon Re-set of Postal Life Insurance Government of India Special Floating Rate
Security, 2022
F. No 5 (12)-PD/2001: Government of India Postal Life Insurance
Special Floating Rate Bonds, 2022 will bear interest at the rate of 8.14
per cent per annum for the financial year 2014-15. Interest rate on
these bonds is in line with daily average yield of 10 years Government
Securities in the preceding calendar year i.e. January-December 2013.
Interest will be payable half yearly on September 30 and March 30.
Special Floating Rate Bonds, 2022 will bear interest at the rate of 8.14
per cent per annum for the financial year 2014-15. Interest rate on
these bonds is in line with daily average yield of 10 years Government
Securities in the preceding calendar year i.e. January-December 2013.
Interest will be payable half yearly on September 30 and March 30.
By Order of the President of India
(Dr. Rajat Bhargava )
Joint Secretary to the Government of India
