12.What is the tenure of the Taxable Floating Rate Savings Bonds, 2020 introduced by the Government?
Majorly issued by the Government of India, these floating-rate bonds have a fluctuating interest rate. Let's know more about them. The Floating Rate Savings Bonds 2020 (Taxable), popularly known as the RBI 7.15% Bonds, currently offer a 7.15% taxable rate of interest over a tenure of seven years.