Provided are a glass substrate for information recording media wherein air bubbles can be sufficiently removed, and an information recording medium using the glass substrate. The glass substrate contains 65 to 90 mass % of SiO2+Al2O3+B2O3 (where SiO2 is 45 to 75 mass %, Al2O3 is 1 to 20 mass %, and B2O3 is 0 to 8 mass %), 7 to 20 mass % of R2O (where R represents Li, Na, or K), 0.1 to 12 mass % of R′O (where R′ represents Mg, Ca, Sr, Ba, or Zn), and 0.5 to 10 mass % of TiO2+ZrO2. Moreover, the glass substrate contains at least one multivalent element selected from among a group consisting of V, Mn, Ni, Mo, Sn, Ce, and Bi; the molar ratio of the total amount of the oxide of the multivalent element to the total amount of TiO2+ZrO2 is within the range of 0.05 to 0.50.