Coupon Re-set of Postal Life Insurance Government of India Special Floating Rate Security

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. 

                                                                                                             By Order of the President of India 

                                                                                                                        (Dr. Rajat Bhargava ) 

                                                                                                  Joint Secretary to the Government of India