G
Sovereign G-Sec

Government of India

Taxable, Redeemable G SEC

Browse: bonds maturing in 2028

Current YTM
4.29%
Market YTM
Coupon Rate
7.37%
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)
4.29%
Live, last traded 2026-08-26
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)
2026-08-12 2026-08-26
Cashflow Timeline
25 Oct 2026
Interest Payment
₹3.69 / Bond
25 Apr 2027
Interest Payment
₹3.69 / Bond
25 Oct 2027
Interest Payment
₹3.69 / Bond
25 Apr 2028
Interest Payment
₹3.69 / Bond
25 Oct 2028
Interest Payment
₹3.69 / 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 2023-10-25 Matures 2028-12-31

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

Key Metrics
Coupon Rate
7.37%
YTM (Annual)
4.29%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.13 Yrs
Macaulay Duration
2.17 Yrs
Issue Size
₹750 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
2.13 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-26
NSE
Trades (30 Days)
18
Exchange-reported sessions
Security Status
No call option
Observations
  • 18 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.21 percentage points above 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
2023-10-25
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

Issued by Government of India, 737GS2028 is a g sec paying a 7.37% p.a. coupon semi annual. The instrument 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
2026-08-26 106.7800 4.2905 148
2026-08-25 104.2500 5.4067 400
2026-08-21 104.2500 5.4153 600
2026-08-20 104.5000 5.3066 100
2026-08-19 104.5000 5.3089 185
2026-08-18 104.9800 5.0996 19601
2026-08-17 105.0000 5.0933 400
2026-08-14 105.0000 5.1008 2102
2026-08-13 106.9000 4.2823 3050
2026-08-12 104.0100 5.5404 113
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 0
Rating Actions History 1 2026-08-04
Secondary-Market Trades 10 NSE 2026-08-26
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 7.37% 2028?

GoI 7.37% 2028 carries a coupon of 7.37%, paid semi annual, on a face value of ₹100.

When does GoI 7.37% 2028 mature?

GoI 7.37% 2028 matures on 2028-12-31, 2.3 years from today.

Where does GoI 7.37% 2028 trade?

GoI 7.37% 2028 is listed on NSE.

What yield does GoI 7.37% 2028 currently offer?

The last recorded trade on 2026-08-26 priced GoI 7.37% 2028 at ₹106.78, implying a yield to maturity of 4.29%.

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