Government FRB repayable on Nov 22

New Delhi, Oct 19 (UNI) The outstanding balance of Government of India Floating Rate Bond, 2006 is repayable at par on November 22, 2006 and no interest will accrue from this date.

In the event of a holiday being declared on the day by any state government under the Negotiable Instruments Act, 1881, the loan will be repaid on the previous working day.

To facilitate repayment of the loan on the due date, holders may tender the securities duly discharged at the Public Debt offices, Treasuries/Sub-Treasuries and branches of State Bank of India and its associate banks (at which they are enfaced/registered for payment of interest) 20 days in advance of the due date for repayment.

Details of the procedure for receiving the discharge value may be obtained from the paying offices.

UNI SD SBA RK1650