FRB 2034 Interest Rate Set at 7.26%
Interest Rate Announcement – October 30, 2026: The interest rate on the Government of India Floating Rate Bond 2034 (FRB 2034) for October 30, 2026, to April 29, 2027, is set at 7.26% per annum. The coupon is based on the average weighted average yield of the last three 182-day Treasury Bill auctions plus a fixed spread of 0.98%.