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6.94% Government Security 2036

Government of India — via RBI Retail Direct · Government Bonds & Fixed-Income

A ten-year government bond paying 6.94% twice a year, with the face value repaid in 2036.

7.3865% Market yield · Moves continuously with the market

As of 15 Oct 2026. Rates change — check the source before acting.

Source: Reserve Bank of India — current rates · confirmed via RBI homepage, read 17 October 2026

Source RBI Retail Direct — government securities

rbiretaildirect.org.in

RBI Retail Direct is where retail investors hold these securities. Look for "6.94% GS 2036" in the list of government securities, then check its current price and yield.

How it works

6.94% Government Security 2036 is a bonds & fixed income product from Government of India — via RBI Retail Direct, in the guaranteed category: fixed by contract. A ten-year government bond paying 6.94% twice a year, with the face value repaid in 2036.

Because the return type is guaranteed, the questions that matter most are: Is the rate fixed for the whole tenure, or revised during it? Who is actually promising to pay, and what happens if they don't?

  • Long-dated, sovereign income with a known coupon
  • Matching a future expense to a maturity date

Key facts

Provider
Government of India — via RBI Retail Direct
Source
RBI Retail Direct — government securities ↗ https://rbiretaildirect.org.in
Rate
7.3865% Market yield, as of 15 Oct 2026
Category
Government Bonds & Fixed-Income
Minimum investment
₹10,000 minimum amount in the retail direct scheme
Tenure
Matures in 2036
Payout
Half-yearly interest
Eligibility
Resident individuals with a demat account and an RBI Retail Direct account.
Getting your money back
Tradable. The price is sensitive to rate changes, more so than a short bond.
Protection
Sovereign — the Government of India is the borrower.
Tax
Interest is taxable as income from other sources. Early sale creates a capital gain or loss.

What can go wrong

  • A ten-year term means a large price swing if you sell before maturity.
  • The fixed coupon loses purchasing power if inflation runs above it.
  • Reinvestment risk: the coupons you receive may earn less when reinvested.

Before you decide anything

  • The yield to maturity rather than the coupon
  • How much the price would move for a one percentage point change in yields

These are questions to take to the provider, not a checklist that makes a product suitable. Whether something fits your situation is a decision only you — or an adviser you choose — can make.

Official sources

These link to the regulator or provider where the rules for this type of product are set out. They are the pages worth checking before you act, because they are the ones that get updated.

Other products in this category

The same rules and the same kind of trade-offs, described the same way.