Ministry of Finance Press Communique : Loan Repayment on August 2011 - GoI Floating Repayment Rate Bonds : Department of Economic Affairs New Delhi

Government of India Ministry of Finance declared the press release in the Holiday Event organized in New Delhi, the Fin.Min. announced the loan repayment date in the first week of august and in the first day of second week at August Month 2011.

GoI Ministry of Finance Repayment of 11.50 % Loan, 2011 on August 5, 2011 and Repayment of Government of India Floating Rate Bonds, 2011 on August 8, 2011.

GoI MinFin Repayments full details available in the official Finance Ministry of India Website namely www.finmin.nic.in, the press communique related to Loan Repayment and Rate Bonds can be reached from the below link :-

GoI FinMin Press Communique Loan Repayments

The official matter of Min.Fin. GoI. Loan Repayment Communique below :-

The outstanding balances of 11.50 % Loan, 2011 is repayable at par on August 5, 2011 and no interest will accrue there on from the said date. In the event of a holiday being declared on August 5, 2011 by any State Government under the Negotiable Instruments Act, 1881, the Loan will be repaid by the paying offices in that State on the previous working day.

2. The outstanding balances of Government of India Floating Rate Bonds, 2011 is repayable at par on August 8, 2011 and no interest will accrue there on from the said date. In the event of a holiday being declared on August 8, 2011 by any State Government under the Negotiable Instruments Act, 1881, the Loan will be repaid by the paying offices in that State on the previous working day.

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