G
Sovereign G-Sec

Government of India

Taxable, Redeemable G SEC

Browse: bonds maturing in 2028

Current YTM
5.24%
Market YTM
Coupon Rate
7.06%
Per annum
Maturity Date
31 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
5.24%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
2.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-04 2026-08-27
Cashflow Timeline
11 Oct 2026
Interest Payment
₹3.53 / Bond
11 Apr 2027
Interest Payment
₹3.53 / Bond
11 Oct 2027
Interest Payment
₹3.53 / Bond
11 Apr 2028
Interest Payment
₹3.53 / Bond
11 Oct 2028
Interest Payment
₹3.53 / Bond
31 Dec 2028
Principal Payment
₹100.00 / Bond

Next 5 coupons + principal at maturity · per ₹100 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Reaffirmed: AAA by CRISIL on 2026-08-04 Issued 2023-04-11 Matures 2028-12-31

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
7.06%
YTM (Annual)
5.24%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.12 Yrs
Macaulay Duration
2.18 Yrs
Issue Size
₹1,110 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
2.12 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-27
NSE
Trades (30 Days)
13
Exchange-reported sessions
Security Status
No call option
Observations
  • 13 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.10 percentage points below the median for tracked G-Sec bonds. (based on 119 tracked G-Sec bonds with a stated coupon)
Structured Overview Data as of 28 Aug 2026
Instrument Type
G SEC
Issue Date
2023-04-11
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

706GS2028 is a redeemable g sec issued by Government of India. The bond offers a fixed coupon of 7.06% p.a. with semi annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-08-04 CRISIL Reaffirm AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-27 103.9500 5.2351 5549
2026-08-26 103.8500 5.2819 1000
2026-08-14 104.0500 5.2171 1151
2026-08-12 103.6900 5.3798 2170
2026-08-11 103.4000 5.5098 48564
2026-08-10 103.0600 5.6622 2351
2026-08-07 103.0500 5.6713 51741
2026-08-06 103.0000 5.6935 421
2026-08-05 103.3000 5.5625 5000
2026-08-04 102.8100 5.7806 200
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-04
Secondary-Market Trades 10 NSE 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
rbi_dbie_backfill
Last Updated
28 Aug 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 7.06% 2028?

GoI 7.06% 2028 carries a coupon of 7.06%, paid semi annual, on a face value of ₹100.

When does GoI 7.06% 2028 mature?

GoI 7.06% 2028 matures on 2028-12-31, 2.3 years from today.

Where does GoI 7.06% 2028 trade?

GoI 7.06% 2028 is listed on NSE.

What yield does GoI 7.06% 2028 currently offer?

The last recorded trade on 2026-08-27 priced GoI 7.06% 2028 at ₹103.95, implying a yield to maturity of 5.24%.

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