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RBI Sets 6.45% Interest Rate for Government Floating Rate Bond 2028

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RBI Sets 6.45% Interest Rate for Government Floating Rate Bond 2028

Analysed 5 Oct 2026·2 sources analysed·Gurgaon, India·Business
RBI Sets 6.45% Interest Rate for Government Floating Rate Bond 2028PreviousNext

The Reserve Bank of India (RBI) has set the interest rate for the Government of India Floating Rate Bond 2028 at 6.45% per annum for the six-month period from October 4, 2026, to April 3, 2027. This rate is linked to the average yield of recent 182-day Treasury Bills plus a fixed spread of 0.64 percentage points and resets every six months. Investors should note that the coupon rate can fluctuate with market yields and does not guarantee a fixed return until the bond matures in 2028.

Sentiment
50%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 43/100.

Outlets measured: businessstandard, mint. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 5 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (50/100)

Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

mint broke this story on 5 Oct, 05:10 am. Other outlets followed.

5 Oct, 05:10 am2 sources · 2 h5 Oct, 07:36 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
India's New Bilateral Investment Treaty Framework to Receive Cabinet Approval Soon
Next →
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1
mint5 Oct, 05:10 am
Floating-rate bond 2028: RBI sets 6.45 interest rate for October 2026-April 2027; what investors should know Mint
  • 2
    businessstandard5 Oct, 07:36 am
    RBI fixes 6.45 govt bond rate: How it works, interest payment explained
  • Who's involved

    Institutions and figures named across source coverage.

    Government
    Government of IndiaReserve Bank of India

    Story context

    Category
    Business
    Location
    Gurgaon, India
    Sources analysed
    2
    Last analysed
    5 Oct 2026
    Key entities
    Coupon (finance)Interest rateReserve Bank of IndiaGovernment of IndiaUnited States Treasury securitySecondary marketSavings accountPercentage pointAuctionTownshipNational securityYield (finance)