Economy & Policy◆ Mixed
RBI raises Floating Rate Bond 2034 interest rate to 7.26%: How much extra will investors earn on Rs 1 lakh?
RBI moved higher with October 29 in focus.
· Business Today Mkts
According to an RBI notification issued on October 29, 2026, the revised rate will remain applicable from October 30, 2026, to April 29, 2027. The 81-basis-point increase will boost interest payouts for existing bondholders during this period.
Key facts
- Dates in focus
- October 29, October 30 and April 29
The analysis
RBI reported Rs 1 lakh, with movement of 7.26% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.