The Reserve Bank of India announced on September 19, 2025, that the rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year from September 22, 2025, to March 21, 2026, will be 6.82 percent per annum. The FRB 2033 carries a coupon with a base rate equivalent to the average of the Weighted Average Yield (WAY) of the last three auctions (from the rate fixing day, i.e., September 22, 2025) of 182 Day T-Bills, plus a fixed spread (1.22 percent). The press release number is 2025-2026/1135. Contact Ajit Prasad, Deputy General Manager (Communications) for further information. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone number: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in.
Key Entities Referenced
Government of India Floating Rate Bond 2033 (GOI FRB 2033): The subject of the press release, detailing the rate of interest for a specific period.
Reserve Bank of India: The issuer of the press release regarding the Government of India Floating Rate Bond 2033.
182 Day T-Bills: Used as a benchmark for calculating the interest rate of the Floating Rate Bond 2033.
Mumbai: Location of the Reserve Bank of India's central office issuing the press release.
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
September 19, 2025
Rate of interest on Government of India Floating Rate Bond 2033
The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033)
applicable for the half year September 22, 2025 to March 21, 2026 shall be 6.82 percent
per annum.
It may be recalled that FRB 2033 carries a coupon, which has a base rate equivalent
to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate
fixing day, i.e., September 22, 2025) of 182 Day T-Bills, plus a fixed spread (1.22
percent).
Ajit Prasad
Press Release: 2025-2026/1135 Deputy General Manager
(Communications)