Coupon (bond)

FAQs on Inflation Indexed Bonds (IIBs)

1. Inflation Indexed Bonds (IIBs) were issued in the name of Capital Indexed Bonds (CIBs) during 1997. How is the new product of IIBs different from earlier CIBs? The CIBs issued in 1997 provided inflation protection only to principal and not to interest payment. New product of IIBs will provide inflation protection to both principal… Read More

Tags: BondsCoupon (bond)Financial servicesInflationInflation-indexed bondReserve Bank of IndiaRun batted inWholesale price index

Government Decides to Launch Inflation Index Bonds

Pursuant to the announcement in the Union Budget 2013-14, the Government of India in consultation with Reserve Bank of India (RBI) has decided to launch Inflation Index Bonds (IIBs), as instruments that will protect savings of poor and middle classes from inflation and incentivise household sector to save in financial instruments rather than buy gold.… Read More

Tags: BondsCoupon (bond)Government of IndiaInflationMutual fundReserve Bank of IndiaWholesale price indexWPI

FCI Raises Rs. 5000 Crore through Bonds

The Food Corporation of India (FCI) has raised Rs.5000 crore by issue of taxable bonds backed by Government of India Guarantee to meet its additional working capital requirement. Bond issue was opened on 21.03.2013 and closed on 22.03.2013. The Bonds are of two tenures i.e., 10 years (Rs.300 crore) and 15 years (Rs.4700 crore). The… Read More

Tags: BondsCapital requirementCash Credit LimitCoupon (bond)FCIFood Corporation of IndiaGovernment of IndiaRupee

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