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Fema / RBI

Cessation of 7.75 percent Savings (Taxable) Bonds, 2018 wef 28.05.2020

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Government of India (GoI), vide Notification F.No. 4(28)-(W&M)/2017 dated May 27, 2020, hereby announces that 7.75% Savings (Taxable) Bonds, 2018 shall cease for subscription with effect from the close of banking business on 28th of May, 2020.

MINISTRY OF FINANCE
(Department of Economic Affairs)
(BUDGET DIVISION)
NOTIFICATION

New Delhi, the 27th May, 2020

Cessation of 7.75 percent Savings (Taxable) Bonds, 2018

F. No. 4(28)-B(W&M)/2017.—The Government of India, hereby notifies that the 7.75 percent Savings (Taxable) Bonds, 2018 as per Notification F. No. 4(28)-B(W&M)/2017, dated January 03, 2018 shall cease for subscription with effect from the close of business on Thursday, the 28th of May, 2020.

By Order of the President of India,

RAJAT KUMAR MISHRA, Jt. Secy. (Budget)

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