The yield on India 10Y Bond Yield eased to 6.47% on September 5, 2025, marking a 0.05 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.08 points, though it remains 0.38 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. India 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on September of 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for India (INDIRLTLT01STQ) from Q1 2012 to Q1 2025 about long-term, India, 10-year, bonds, yield, interest rate, interest, and rate.

Key information about India Short Term Government Bond Yield

• India Short Term Government Bond Yield: Month End: India: 1 Year was reported at 6.58 % pa in Jan 2025, compared with 6.66 % pa in the previous month.
• India Short Term Government Bond Yield data is updated monthly, available from May 1996 to Jan 2025.
• The data reached an all-time high of 13.01 % pa in Jan 1998 and a record low of 3.46 % pa in Nov 2020.
• Short Term Government Bond Yield is reported by CEIC Data.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for India (INDIRLTLT01STM) from Dec 2011 to May 2025 about long-term, India, 10-year, bonds, yield, interest rate, interest, and rate.

The yield on India 30 Year Bond Yield eased to 7.15% on September 5, 2025, marking a 0.08 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.08 points and is 0.15 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 30Y.

India Government Securities Yield: 21 Years data was reported at 8.315 % pa in Sep 2018. This records an increase from the previous number of 8.264 % pa for Aug 2018. India Government Securities Yield: 21 Years data is updated monthly, averaging 8.056 % pa from Oct 2001 (Median) to Sep 2018, with 192 observations. The data reached an all-time high of 9.704 % pa in Jul 2008 and a record low of 5.790 % pa in Apr 2004. India Government Securities Yield: 21 Years data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.MD002: Government Securities Yield.

India IN: Long-Term Interest Rate: Government Bonds data was reported at 6.250 % in 2026. This records a decrease from the previous number of 6.450 % for 2025. India IN: Long-Term Interest Rate: Government Bonds data is updated yearly, averaging 7.590 % from Dec 1996 (Median) to 2026, with 31 observations. The data reached an all-time high of 13.601 % in 1996 and a record low of 5.386 % in 2003. India IN: Long-Term Interest Rate: Government Bonds data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s India – Table IN.OECD.EO: Interest Rate: Forecast: Non OECD Member: Annual. IRL - Long-term interest rate on government bonds

The dataset contains All India and Yearly Ownership of Central and State Government Securities.

Note: 1. The total refers to aggregate issuances of Central and State Government securities which represent the face value of interest bearing outstanding rupee securities excluding Treasury Bills, Saving Prize Bonds, expired loans and interest-free non-negotiable securities of Government of India. 2. The format of the Table has been revised from 2010-11 Handbook of Statistics to improve the sectoral coverage. 3. State Government Securities include special bonds under UDAY scheme. Treasury Bills include Cash Management Bills also. 4. Source of data are banks' SGL/CSGL balances maintained with Reserve Bank of India/custodian banks. 5. The category 'Others' include State Government Foreign Central banks, Individuals and HUF

The yield on India 5 Year Bond Yield eased to 6.25% on September 5, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.15 points, though it remains 0.50 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 5Y.

As of July 18, 2025, the major economy with the highest yield on 10-year government bonds was Turkey, with a yield of ** percent. This is due to the risks investors take when investing in Turkey, notably due to high inflation rates potentially eradicating any profits made when using a foreign currency to investing in securities denominated in Turkish lira. Of the major developed economies, United Kingdom had one the highest yield on 10-year government bonds at this time with **** percent, while Switzerland had the lowest at **** percent. How does inflation influence the yields of government bonds? Inflation reduces purchasing power over time. Due to this, investors seek higher returns to offset the anticipated decrease in purchasing power resulting from rapid price rises. In countries with high inflation, government bond yields often incorporate investor expectations and risk premiums, resulting in comparatively higher rates offered by these bonds. Why are government bond rates significant? Government bond rates are an important indicator of financial markets, serving as a benchmark for borrowing costs, interest rates, and investor sentiment. They affect the cost of government borrowing, influence the price of various financial instruments, and serve as a reflection of expectations regarding inflation and economic growth. For instance, in financial analysis and investing, people often use the 10-year U.S. government bond rates as a proxy for the longer-term risk-free rate.

The yield on India 3 Year Bond Yield eased to 6.04% on September 5, 2025, marking a 0.08 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.11 points, though it remains 0.69 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 3Y.

The yield on India 7 Year Bond Yield eased to 6.56% on September 5, 2025, marking a 0.04 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.19 points, though it remains 0.26 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 7Y.

India CCIL: Outstanding Government Debt: Government Securities data was reported at 108,194,720.000 INR mn in Feb 2025. This records an increase from the previous number of 106,924,720.000 INR mn for Jan 2025. India CCIL: Outstanding Government Debt: Government Securities data is updated monthly, averaging 39,196,640.000 INR mn from Apr 2005 (Median) to Feb 2025, with 239 observations. The data reached an all-time high of 108,194,720.000 INR mn in Feb 2025 and a record low of 9,019,979.800 INR mn in Apr 2005. India CCIL: Outstanding Government Debt: Government Securities data remains active status in CEIC and is reported by The Clearing Corporation of India Limited. The data is categorized under India Premium Database’s Financial Market – Table IN.ZD011: The Clearing Corporation of India Limited (CCIL): Outstanding Government Debt.

This layer shows Government bond yields as per the Economic survey report 2024-2025.Data Source: https://www.indiabudget.gov.in/economicsurvey/doc/stat/tab3.7.pdfNote: Data as on 31 December, 2021This web layer is offered by Esri India, for ArcGIS Online subscribers. If you have any questions or comments, please let us know via content@esri.in.

As of December 2024, the countries with the highest 10-year yields are the United Kingdom, the United States and Australia with 4.68, 4.38 and 4.21 percent, respectively. Of the largest economies by GDP, the United States saw the sharpest fall in absolute terms for 10-year government bond yields due to the coronavirus (COVID-19) pandemic. From a level of 1.51 percent in January 2020, yields on 10-year government bonds fell to 0.65 percent by April 2020, and had further fallen to 0.53 percent by July 2020 before starting to recover towards the end of the year. Conversely, countries that went into 2020 with already low bond yields like Japan, Germany and France actually saw a small increase in March 2020 - although these already low yields mean that these small changes are significant in relative terms.

India 10-Year Government Bond Yields - Historical chart and current data through 2025.

The yield on India 3 Month Bond Yield eased to 5.47% on September 5, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.07 points, though it remains 1.17 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for India 3M.

India Government Securities Yield: 27 Years data was reported at 8.243 % pa in Aug 2018. This records an increase from the previous number of 8.086 % pa for Jul 2018. India Government Securities Yield: 27 Years data is updated monthly, averaging 8.015 % pa from Aug 2002 (Median) to Aug 2018, with 164 observations. The data reached an all-time high of 9.353 % pa in Sep 2013 and a record low of 5.928 % pa in Oct 2003. India Government Securities Yield: 27 Years data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.MD002: Government Securities Yield.

In January 2020, prior to the onset of the global coronavirus (COVID-19) pandemic, three of the seven largest economies by GDP had negative yields for two-year government bonds (Japan, Germany and France). With the onset of the pandemic, two-year bond yields in these countries actually rose slightly - in contrast to the other major economies, where yields fell over this period. As of December 2024, yields for two-year government bonds exhibited fluctuations across all countries. Notably, Japan showed a slight upward trend, while China experienced a modest decline.Negative yields assume that investors lack confidence in economic growth, meaning many investments (such as stocks) may lose value. Therefore, it is preferable to take a small loss on government debt that carries almost no risk to the investor, than risk a larger loss on other investments. As both the yen and euro are considered very safe assets, Japanese, German and French bonds were already being held by many investors prior to the pandemic as a hedge against economic downturn. Therefore, with the announcement of fiscal responses to the pandemic by many governments around March 2020, the value of these assets rose as confidence increased (slightly) that the worst case may be avoided. At the same time, yields on bonds with a higher return fell, as investors sought out investments with a higher return that were still considered safe.

In 2022, corporate bonds as a share of gross domestic product (GDP) in India was ** percent and is expected to reach ** percent by 2030. However, increased foreign participation in Indian government bonds by ** percent could triple funds for corporates by 2030.