Actual
6.9120
Daily Change
0.0320
Monthly
0.12%
Yearly
0.30%
Q3 Forecast
6.8968
India 10-Year Government Bond Yield - Summary

The yield on India’s 10-year G-Sec rose to around 6.91%, reaching more than two-month highs as heavy bond supply and renewed rate hike expectations pushed yields higher. The benchmark 6.94% 2036 yield rose nearly 2 basis points, its highest intraday level since June 18, ahead of an INR 340 billion ($3.56 billion) sale of the benchmark note. Meanwhile, hawkish minutes from the Reserve Bank of India’s August meeting revived expectations of a possible rate hike later this year, adding upward pressure on yields, while investors awaited Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for further clues on the US interest-rate outlook. Easing Brent crude prices, which fell 5% after renewed focus on reopening the Strait of Hormuz, offered some relief by tempering inflation concerns and helping limit the rise in yields.

India 10-Year Government Bond Yield - Stats

The yield on India 10Y Bond Yield rose to 6.91% on August 28, 2026, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.30 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the India 10-Year Government Bond Yield reached an all time high of 14.76 in April of 1996. India 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on August 29 of 2026.

India 10-Year Government Bond Yield - Forecast

The yield on India 10Y Bond Yield rose to 6.91% on August 28, 2026, marking a 0.03 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.12 points and is 0.30 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The India 10-Year Government Bond Yield is expected to trade at 6.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.74 in 12 months time.



Bonds Yield Day Month Year Date
India 10Y 6.91 0.032% 0.118% 0.303% Aug/28
India 52W 5.79 -0.018% 0.012% 0.003% Aug/28
India 2Y 6.09 0.003% -0.015% 0.202% Aug/28
India 30Y 7.53 0.002% 0.073% 0.210% Aug/28
India 3M 5.28 -0.030% -0.040% -0.240% Aug/28
India 3Y 6.18 -0.118% -0.053% 0.108% Aug/28
India 5Y 6.54 0.011% 0.104% 0.217% Aug/28
India 6M 5.62 -0.010% 0.063% 0.001% Aug/28
India 7Y 6.79 0.051% 0.170% 0.042% Aug/28



Related Last Previous Unit Reference
India Inflation Rate 4.45 4.38 percent Jul 2026
India Interest Rate 5.25 5.25 percent Aug 2026
India Unemployment Rate 5.10 5.50 percent Jul 2026

India 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
6.91 6.88 14.76 4.96 1994 - 2026 percent Daily

News Stream
India 10-Year Yield Hits 2-Month High
The yield on India’s 10-year G-Sec rose to around 6.91%, reaching more than two-month highs as heavy bond supply and renewed rate hike expectations pushed yields higher. The benchmark 6.94% 2036 yield rose nearly 2 basis points, its highest intraday level since June 18, ahead of an INR 340 billion ($3.56 billion) sale of the benchmark note. Meanwhile, hawkish minutes from the Reserve Bank of India’s August meeting revived expectations of a possible rate hike later this year, adding upward pressure on yields, while investors awaited Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for further clues on the US interest-rate outlook. Easing Brent crude prices, which fell 5% after renewed focus on reopening the Strait of Hormuz, offered some relief by tempering inflation concerns and helping limit the rise in yields.
2026-08-28
India 10Y Yield Holds Near Two-Month High
The yield on India’s 10-year G-Sec rose to around 6.87%, remaining close to two-month highs as caution ahead of heavy government debt supply outweighed the impact of easing oil prices. The benchmark 6.94% 2036 bond yield climbed from the previous session, after Indian fixed-income markets were closed on Wednesday. New Delhi is set to sell INR 340 billion of the benchmark bond on Friday, raising concerns over demand and capping gains. Sentiment has also remained cautious following the RBI’s August policy minutes, which showed policymakers were open to raising rates if inflation risks materialise and broaden. Meanwhile, Brent crude fell to around $87 a barrel, extending its decline to more than 7% over four days on expectations that talks between Iran and Qatar could help reopen the Strait of Hormuz and ease supply disruptions.
2026-08-21
India 10Y Yield Rises to 8-Week High
The yield on India’s 10-year G-Sec rose to around 6.85%, rebounding to an eight-week high as hawkish RBI policy minutes strengthened expectations of an earlier rate hike. Yields climbed as traders reassessed bets on an extended rate hold following the Aug. 3-5 meeting minutes, which highlighted growing inflation risks. RBI Deputy Governor Poonam Gupta said there was no scope for further policy easing and that a case for a rate hike may emerge during the fiscal year, while Governor Sanjay Malhotra warned that broader food, fuel and input price pressures could require tighter policy. The benchmark 6.94% 2036 bond yield rose 4 basis points to 6.86%, while five-year yields climbed as much as 8 basis points. Higher Brent crude near $92 per barrel also lifted inflation concerns, as stalled US-Iran peace efforts and tensions around the Strait of Hormuz raised concerns about supply disruptions.
2026-08-20