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In the dynamic world of investments, the floating rate bonds interest rate, commonly known as GOI Bonds, has experienced a significant boost. These flexible securities, where the interest rate is linked to the National Savings Certificate (NSC) rate, have recently seen an increase from 7.35% to an enticing 8.05%. This upward shift presents a promising opportunity for investors seeking steady returns and protection against rising interest rates. In this blog post, we will delve into the unique benefits of floating rate bonds and how this interest rate hike can prove advantageous for investors.
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