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Looking to diversify investments beyond stocks and FDs?
Explore fixed return investments on Grip Invest here:
Most bonds pay a fixed interest rate, but Government of India Floating Rate Bonds don’t. Their coupon is recalculated every six months, so the returns go up or down with market rates.
In this Short, we take FRB 2033 as an example and show how its interest rate is worked out. The
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