<h1>India to Repay Floating Rate Bonds 2020 at Par on Dec 21; No Interest After This Date.</h1> The Government of India announced that the outstanding balance of its Floating Rate Bonds (FRB) 2020 will be repayable at par on December 21, 2020, with no interest accruing after this date. If December 21 is declared a holiday by any state under the Negotiable Instruments Act, 1881, repayments will occur on the previous working day. Payments will be made via pay order or electronic credit to the holder's bank account. Holders must provide bank details in advance or submit securities at designated offices 20 days before the due date for repayment. Detailed procedures are available at paying offices.