The Reserve Bank of India (RBI) on June 05, 2026, notified regarding the Rate of interest on the Government of India Floating Rate Bond 2031.
It has been notified that the interest rate on Floating Rate Bond 2031 (FRB 2031) for the period June 07, 2026, to December 06, 2026, will be 6.64% per annum. The coupon rate is determined based on the average weighted average yield of the last three auctions of 182-day Treasury Bills plus a fixed spread of 1%.
[Press Release: 2026-2027/395]