G
Sovereign G-Sec

Government of India

Taxable, Redeemable G SEC

Browse: bonds maturing in 2051

Current YTM
7.38%
Market YTM
Coupon Rate
6.99%
Per annum
Maturity Date
31 Dec 2051
25.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
7.38%
Live, last traded 2026-09-21
10Y G-Sec Benchmark
6.80%
Reference point, not this bond's tenor
Spread over G-Sec
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
25.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-09-03 2026-09-21
Cashflow Timeline
16 Nov 2026
Interest Payment
₹3.50 / Bond
16 May 2027
Interest Payment
₹3.50 / Bond
16 Nov 2027
Interest Payment
₹3.50 / Bond
16 May 2028
Interest Payment
₹3.50 / Bond
16 Nov 2028
Interest Payment
₹3.50 / Bond
16 May 2029
Interest Payment
₹3.50 / Bond
16 Nov 2029
Interest Payment
₹3.50 / Bond
16 May 2030
Interest Payment
₹3.50 / Bond
31 Dec 2051
Principal Payment
₹100.00 / Bond

Next 8 coupons + principal at maturity · per ₹100 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2021-11-16 Matures 2051-12-31
Key Metrics
Coupon Rate
6.99%
YTM (Annual)
7.38%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
25.3 Years
Advanced metrics
Modified Duration
11.30 Yrs
Macaulay Duration
11.72 Yrs
Issue Size
₹1,465 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
11.30 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-09-21
NSE
Trades (30 Days)
16
Exchange-reported sessions
Security Status
No call option
Observations
  • 16 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.17 percentage points below the median for tracked G-Sec bonds. (based on 120 tracked G-Sec bonds with a stated coupon)
Structured Overview Data as of 22 Sep 2026
Instrument Type
G SEC
Issue Date
2021-11-16
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Government of India issued this g sec (699GS2051) carrying a 6.99% p.a. coupon, paid semi annual. It repays principal on maturity.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-09-21 95.5000 7.3839 7602
2026-09-18 95.8500 7.3521 13
2026-09-17 95.9000 7.3475 2400
2026-09-16 95.9900 7.3394 11453
2026-09-15 96.0000 7.3385 1000
2026-09-11 96.0000 7.3384 1
2026-09-10 94.5000 7.4756 105
2026-09-09 96.3000 7.3114 2000
2026-09-08 96.7500 7.2711 27
2026-09-03 97.2400 7.2276 30
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 0
Secondary-Market Trades 10 NSE 2026-09-21
Reg52(4) Payment Disclosures 0
Documents

No source documents linked for this security yet.

Entity metadata
Source
rbi_dbie_backfill
Last Updated
22 Sep 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on GoI 6.99% 2051?

GoI 6.99% 2051 carries a coupon of 6.99%, paid semi annual, on a face value of ₹100.

When does GoI 6.99% 2051 mature?

GoI 6.99% 2051 matures on 2051-12-31, 25.3 years from today.

Where does GoI 6.99% 2051 trade?

GoI 6.99% 2051 is listed on NSE.

What yield does GoI 6.99% 2051 currently offer?

The last recorded trade on 2026-09-21 priced GoI 6.99% 2051 at ₹95.50, implying a yield to maturity of 7.38%.

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