This is a press release from the Reserve Bank of India, dated December 05, 2025, regarding the rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031). The applicable interest rate for the half year from December 07, 2025, to June 06, 2026, will be 6.52 percent per annum. The base rate for FRB 2031's coupon is equivalent to the average of the Weighted Average Yield of the last three auctions of 182 Day T-Bills (from the rate fixing day i.e. December 07, 2025), plus a fixed spread of one percent. The Department of Communication can be contacted at the Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, phone number: 022-2266 0502. The press release number is 2025-2026/1645. Ajit Prasad, Deputy General Manager (Communications), issued the release. RBI's website is www.rbi.org.in and email is helpdoc@rbi.org.in.
Key Entities Referenced
Government of India Floating Rate Bond 2031: A floating rate bond issued by the Government of India, subject of the press release regarding its interest rate.
Reserve Bank of India: The issuing organization of the press release regarding the Floating Rate Bond 2031.
Mumbai: Location of the central office of the Reserve Bank of India.
182 Day T-Bills: Reference instrument for the interest rate calculation of the Floating Rate Bond 2031.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
December 05, 2025
Rate of interest on Government of India Floating Rate Bond 2031
The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031)
applicable for the half year December 07, 2025 to June 06, 2026 shall be 6.52 per cent per
annum.
It may be recalled that FRB 2031 carries a coupon, which has a base rate equivalent to
the average of the Weighted Average Yield of last three auctions (from the rate fixing day
i.e. December 07, 2025) of 182 Day T-Bills, plus a fixed spread of One per cent.
Ajit Prasad
Press Release: 2025-2026/1645 Deputy General Manager
(Communications)