G
Sovereign G-Sec

Government of India

Taxable, Redeemable G SEC

Browse: bonds maturing in 2039

Current YTM
6.72%
Market YTM
Coupon Rate
7.23%
Per annum
Maturity Date
31 Dec 2039
13.3 Yrs to Maturity
Interest Payment
Semi Annual
Frequency
Face Value
₹100
Per Bond
Market Position
YTM (Annual)
6.72%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
Sovereign obligation — this bond is a G-Sec benchmark itself
Tenure
13.3 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-08-03 2026-08-26
Cashflow Timeline
16 Oct 2026
Interest Payment
₹3.62 / Bond
16 Apr 2027
Interest Payment
₹3.62 / Bond
16 Oct 2027
Interest Payment
₹3.62 / Bond
16 Apr 2028
Interest Payment
₹3.62 / Bond
16 Oct 2028
Interest Payment
₹3.62 / Bond
16 Apr 2029
Interest Payment
₹3.62 / Bond
16 Oct 2029
Interest Payment
₹3.62 / Bond
16 Apr 2030
Interest Payment
₹3.62 / Bond
31 Dec 2039
Principal Payment
₹100.00 / Bond

Next 8 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 2024-04-16 Matures 2039-12-31

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

Key Metrics
Coupon Rate
7.23%
YTM (Annual)
6.72%
Credit Rating
Sovereign
Government of India obligation
Remaining Tenure
13.3 Years
Advanced metrics
Modified Duration
8.50 Yrs
Macaulay Duration
8.79 Yrs
Issue Size
₹1,170 Cr
Minimum Investment
₹100
(1 Bond)
Market Characteristics
Modified Duration
8.50 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Semi Annual
Last Trade
2026-08-26
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 0.07 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 27 Aug 2026
Instrument Type
G SEC
Issue Date
2024-04-16
Day Count Convention
30/360
Listed Exchange
NSE
Call / Put Option
None disclosed

723GS2039 is a redeemable g sec issued by Government of India. The bond offers a fixed coupon of 7.23% 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
2026-08-26 104.4000 6.7230 200
2026-08-25 104.4000 6.7231 400
2026-08-21 104.4000 6.7234 100
2026-08-17 104.4000 6.7237 300
2026-08-13 104.4000 6.7241 1300
2026-08-12 103.5000 6.8248 300
2026-08-11 104.6000 6.7020 201
2026-08-07 104.6000 6.7024 2000
2026-08-06 104.5000 6.7135 200
2026-08-03 104.5500 6.7082 200000
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
27 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 7.23% 2039?

GoI 7.23% 2039 carries a coupon of 7.23%, paid semi annual, on a face value of ₹100.

When does GoI 7.23% 2039 mature?

GoI 7.23% 2039 matures on 2039-12-31, 13.3 years from today.

Where does GoI 7.23% 2039 trade?

GoI 7.23% 2039 is listed on NSE.

What yield does GoI 7.23% 2039 currently offer?

The last recorded trade on 2026-08-26 priced GoI 7.23% 2039 at ₹104.40, implying a yield to maturity of 6.72%.

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