India's Government Bond Yield for 10 Year Notes declined 2 basis points during the last 30 days which means it became less expensive for India to borrow money from investors. During the last 12 months, India government bond yield declining 0.13 percent. Historically, from 1998 until 2012, India Government Bond 10Y averaged 8.0 Percent reaching an all time high of 12.3 Percent in February of 1999 and a record low of 5.0 Percent in October of 2003. 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. This page includes a chart with historical data for India Government Bond 10Y.