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Features of RBI Floating Rate Savings Bonds (FRSB)

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Maximum Investment Amount: There is no cap on the amount of investment in the bonds. Thus, HNWIs and institutional investors also can invest in this bond. Liquidity: FRSBs are non-transferable, and there is no secondary market for the bonds. This means that the bond cannot be sold before maturity. Redemption is not allowed at an early stage, thus this is a long-term investment pro... https://finxl.in/best-financial-modeling-course.html

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